The volume of liquefied propane gas (LPG) traded globally in 2018 was up 11% from 2017, to 78 million tons, based on latest available data.
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China Imported Record Volumes of Polymers and Other Products in January 2019
In advance of the Chinese New Year holiday beginning on February 5th, China’s imports of many products jumped to new highs in January.
Continue readingChina’s Imports of Polyethylene from US Slow in October
China imported 39,000 tons of ethylene polymers from the US in October 2018, down from a monthly high of 102,000 tons in August.
Surge in China’s Polyethylene Imports in November as Recycle PE Imports Drop
China’s polyethylene imports rebounded strongly in November 2017. This followed a relatively small holiday-related decline in October, versus previous years. Imports of recycle polyethylene continued trending downward, to their lowest monthly volume in the 2013-2017 period.
China’s Imports of Ethylene Polymers Up 20% Through October
China imported 11 million tons of ethylene polymers through October 2017, up 20%. Imports of all grades were up substantially and volume has been heavy since August.
LNG Global Trade up 11% Through July
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.
Surge in US Exports of LNG to Latin America, Asia, Middle East and Europe
The United States exported nearly 7 million tons of liquefied natural gas through June 2017, versus minor volumes in the same period in 2016. Shipments were global, with large volumes to all regions except Africa. As US exports to Western Europe and Latin America increased, shipments from the Middle East and Africa to those regions dropped.
China Imports Butanes at Record Levels
After trending downward for most of 2016 and into early 2017 China’s imports of liquefied butane gases soared to a new record high of 557,000 ton in May and continued to rise in June, reaching 587,000 tons. Average prices slipped in both months, to $433/ton in June.
China’s Imports of Polyethylene from Iran
Through May, 2017, China imported a total of 5.4 million tons of ethylene polymers, up 17% from the same period in 2016. Iran supplied 823,000 tons, or 15%, of the total, down 7%. A restriction on imports into China from Iran, will likely be made up by Saudi Arabia, US, Korea and UAE, among others.
China’s Polyolefins Trade in 2015
China ended 2015 with imports of polyolefins up 10% from 2014. Imports of HDPE and EVA were particularly strong, up 12% and 27%, respectively. In addition to higher volumes from the Middle East and Asia-Pacific, supplies from North America and Latin America rose sharply.