Trade volume by year end is projected at 22 million tons, down 2% from 2018 based on the latest statistics from 50 countries. This compared with an 11% gain in global trade volume in 2018 versus 2017. Prominent trends in 2019 include a drop in Asia-Pacific intra-regional trade, increased exports from the Middle East, and lower shipments from North America.
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Caustic Soda World Trade
A new report on global trade in aqueous caustic soda projects 20.7 million tons of trade in 2019, up 3% from the prior year, based on latest available statistics from 60 countries. Statistics in the new Caustic Soda in Aqueous Solution World Trade Report project higher exports from all regions, except from the Middle East.
Continue readingGlobal LNG Trade Projected Up 4% in 2019; Huge Shifts in Trade Between Regions
LNG trade is projected to exceed 340 million tons by year end 2019, up 4% from 2018, based on latest available statistics from 90 countries. Major increases in exports from US and Russia are impacting trade flows globally.
Continue readingEastern European LNG Trade Spikes
There was a significant spike in Eastern European exports of LNG that largely went to Western Europe, and, a pronounced increase in intraregional trade mainly between Russia and Lithuania.
Continue readingChina’s P-Xylene Imports Fall Sharply Following Manufacturing Push
Imports for June 2019 fell to their lowest levels in two years
Continue readingChanges 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.
Continue readingTrends in Asia-Pacific Trade in Butadiene in 2018
Lower imports into Asia-Pacific’s two top markets, Korea and China, were reflected in the region’s trade in 2018. Imports from other regions were down and intra-regional trade volume was flat with the prior year.
Continue readingTrends in Asia-Pacific Trade in Propylene in 2018
Lower imports into China were evident in the slowdown in trade within the Asia-Pacific region in 2018.
Continue readingTrends in Western Europe’s Trade in Ethylene
Western Europe moved into first place in 2018 as the world’s largest exporter of ethylene monomer, ahead of the Middle East, North America and Latin America.
Continue readingPhenol Global Trade Volume Projected Up 7% in 2018
Higher phenol exports from new capacity in Saudi Arabia was one factor in the 7% increase in global trade volume, to 3.0 million tons, projected for 2018.