China’s imports of commodity polymers as a total of all grades of PE, PP, styrenics, PVC and PET, declined for the third year in a row, a loss of nearly 10 million tons of volume over the 2020-2023 period. Exports of the combined total climbed for the third year in a row, increasing by nearly 7 million tons. Shipments of manufactured products identifiable as plastic showed a small gain of 0.7 million tons in 2023, rising to 16.7 million tons.
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PET and PTA Trends in Global Trade in 2023
The volume of global trade in both products is projected to be lower in 2023 than in 2022, with profound shifts in flows between regions.
Continue readingTrends in Propylene Copolymers Global Trade
Global trade in propylene copolymers was 10 million tons in 2022, down 3% from the prior year. ITP projects another decline of 3% in 2023, to 9.7 million tons.
Continue readingChina’s Commodity Polymer Trade February 2023 YTD
China’s imports through February 2023 of polyethylene, China’s largest commodity polymer import, showed no change versus February 2022 YTD. Imports of polypropylene posted a moderate increase. On the export side, however, China shipped substantially more of each major commodity polymer than in the same period in 2022.
Continue readingChina’s Imports of Polyethylene Picked up in August, 2022; Reduced Volumes YTD Changed Trade Flows Globally
After several slow months China’s imports of ethylene polymers in August 2022 were up by 140,000 tons from July. The 12% fall off in imports YTD, to 10.5 million tons, led to increased exports by Asia-Pacific exporters to Western and Eastern Europe and Africa.
Continue readingChina’s Demand for PE and PP Imports Dropped in April, 2021; Exports of PVC Continued at Record Levels
After a moderate rebound in imports in March, following the Chinese New Year Holiday, imports into China fell substantially in April. China exported extremely high volumes of PVC in both March and April.
Continue readingMassive Increase in China’s Polypropylene Exports in March
China exported 245,000 tons of polypropylene homopolymer in March, 2021, roughly ten times the volume exported in prior months.
Continue readingTight Supplies of PVC Lead to Record Prices on US Exports
The average price on US exports of PVC has doubled between June 2020 and January 2021 and further increases are expected in the wake of weather-related outages in February.
Continue readingMEG Exports From Saudi Arabia, Kuwait and UAE as of October, 2020 are Down from Last Year; Iran Shipped Higher Volumes
Competing shipments from North America impacted MEG exporters in the Middle East.
Continue readingChina’s Imports of Ethylene Polymers Were up 11% in 2020, to 21.3 M Tons, Although Volume Slowed in the Fourth Quarter
Imports of HDPE were 9.1 million tons in 2020, up 14% from the prior year; linear polymer as EAOC, 6.7 million tons, up 17%; LDPE, 3.4 million tons, down 1%; and EVA, 1.0 million tons, down 3%. Much higher volumes from North America and Eastern Europe and little growth in supplies from the Middle East were striking trends.
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