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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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 Trade in LPG up 4% June 2017 YTD: Higher Imports into Asia-Pacific and Western Europe
The volume of liquefied propane gas traded globally as imports and exports was up 4% through June 2017, to over 34 million tons. Increased imports into Asia-Pacific and Western Europe and higher exports from North America, Africa and Middle East were prominent trends.
New: Liquefied Butanes Gas World Trade Report
This new Report tracks the movement of liquefied butanes between all importing and exporting countries and regions. In 2016, trade volume was 35 million tons, up 1% from 2015. Preliminary data shows volume March 2017 YTD up 6%. 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.
Butadiene Exports from Europe Up Sharply, United States and Mexico Top Destinations
Western Europe exported well over 200,000 tons of butadiene through June 2016, up 60% from the prior year. The United States, Mexico, South Korea and China were leading destinations, followed by Poland and Czech Republic.
Saudi Arabia – Butylene Imports
In 2015, several countries reported exports of butylene to Saudi Arabia totaling over 46,000 tons. Through April, 2016, over 44,000 tons have already been shipped to that market.
China’s Commodity Polymer Trade Rebounds
March 2016 statistics show a rebound in China’s imports of both virgin and recycle commodity polymers. China’s exports of commodity polymers hit a record high.
Benzene Global Trade Trends
Over 9 million tons of benzene were traded globally in 2015, up 16% from 2014. Prominent regional trends during the year included: higher Asia-Pacific exports and also expanded trade within that region; increased imports into North America; increased imports into Western Europe; and, in the Middle East sharply higher trade, both imports and exports, with imports exceeding exports. Early data for 2016 indicates a continuation of these trends.
Polypropylene Global Trade Trends
The volume of polypropylene homopolymer traded globally in 2015 was 17.3 million tons, up 3% from 2014. Imports into Asia-Pacific were unchanged from the prior year. Western Europe’s imports rose 21%; North America’s, 42%, but on small volumes. Data available to date for 2016 indicates a continuation of these trends.