The volume of liquefied natural gas traded globally through July 2017 exceeded 150 million tons, up 11% from last year, based on latest available trade statistics.
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US Propylene Exports Set New Record
United States exports of propylene hit 61,000 tons in June, 2017, at an average price of $813/ton. Shipments YTD were up 31% from the same period in 2016.
Ethylene Imports into China Back to Record Levels
China’s imports of ethylene jumped back up to nearly 200,000 tons in June 2017, at an average price of $1077/ton, after two months around 160,000 tons per month. Volume in the first half of the year was up 48% from the same period in 2016.
Global Trends in Ethylene Monomer Trade in 2016
The volume of ethylene monomer traded as imports and exports in 2016 was 7.1 million tons, up 4% from 2015. Much higher imports into Asia-Pacific from sources outside the region, and also into Western Europe, were key factors on the demand side. (Based on latest available trade statistics.) Continue reading
China’s Ethylene and Propylene Imports Hit New Highs
Both China’s imports of ethylene monomer and propylene monomer soared to new highs in December 2016.
Recent Changes in US Polyethylene Trade Flows
With construction continuing on massive new polyethylene capacity, US imports trended up to a new record high in the second half of the year, as US exports plummeted.
Low MEG Imports Into China Impact Trade Flows Globally
Unusually low imports of monoethylene glycol into China early in 2016 were reflected in trade flows globally, especially exports out of the Middle East and from Asia-Pacific suppliers. Global volume of 8.1 million tons through August was down 11%, despite strong demand in several other markets.
P-Xylene: Current Global Trade Trends
In 2014, global trade in para-xylene totaled 15.8 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 12% from the same period in 2014, based on reporting countries. Global trade volume is an indicator of global demand.
Polyethylene Sheets and Other Flat Products: Current Global Trade Trends
In 2014, global trade in polyethylene sheets and other flat products (film, foil and strip) totaled 4.4 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 3% from the same period in the prior year, based on reporting countries. Global trade volume is an indicator of global demand.
PVC Floor and Wall Coverings: Current Global Trade Trends
Nearly 3 million tons of flooring and wall coverings made from PVC were traded globally in 2014, up 11% from the prior year. Trade volume through June of 2015 was flat with last year, based on reporting countries. Global trade volume is an indicator of global demand. Continue reading