Following the traditional Chinese New Year slowdown in February, China’s exports of all the commodity polymers – PE, PP, PVC, Styrenics, and PET – rebounded to record levels in March and continued strong in April. Exports of fabricated products also were high. Imports were flat. Major headwinds are expected to impact exports in the coming months.
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Propylene Copolymers – Major Trade Trends in 2014
ITP’s analysis of global trade in propylene copolymers – olefin polymers in which propylene is the predominant comonomer by weight, excluding homopolymer – indicates a 4% increase in the volume of polymer traded in 2014 versus 2013, to 7.9 million tons. Trends in global trade volume generally indicate trends in global demand.
Profound Changes in China’s Commodity Polymer Trade
Historically low imports of recycle polymers, heavy imports of virgin HDPE, record high exports of PET, and, a strong upward trend in exports of fabricated plastic products were features of China’s trade in the first half of 2013. Continue reading