Tag Archives: South Korea

Sharp Rise in Polycarbonate Film and Sheet Global Trade Projected for 2020, up 22%

Many countries reported record high imports of PC film and sheet from the second quarter of the year, on strong demand for personal protection equipment.

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China’s PE and PP Imports Slow in July and August 2020

China’s imports of ethylene polymers dropped from a record high of 2.1 million tons in June to 1.8 million tons in August. Imports of propylene polymers fell from 840,000 tons in June, another record, to 580,000 tons. Despite the declines, imports YTD are up substantially for both polymer groups.

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Changes in China’s Imports of Polyethylene by Region

In April 2019, for the second month in a row, China’s imports of ethylene polymers hit a new record high. Year to date, reduced volumes from North America were offset by increased volumes from Asia-Pacific sources.

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China’s Imports of Olefins from the United States

On August 23rd, 2018, China imposed a 25% duty on imports of ethylene, propylene and butadiene from the US. China imports relatively small volumes of propylene and butadiene from the US. Imports of ethylene, however, are sizable and volumes slowed in the fourth quarter, impacted by the duty.

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Korea’s Polymer Trade in 2018

Korea exported 10 million tons of commodity polymers in 2018, up 4% from the prior year, imported 900,000 tons of commodity polymers, up 15%, plus an additional 150,000 tons of recycle polymers, up 141%.

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US Exports of LNG to Rise

If a trade accord between the US and the EU is finalized and the US puts in place more export terminals, LNG exports from the US will rise. Through May 2018, the US exported a total of LNG totaled 9.0 million tons, up 61% from the same period in 2017. Exports have been  climbing since early 2016. Korea, Mexico and China were the top three export destinations to date, with relatively small volumes to the EU. Continue reading