If a trade accord between the US and the EU is finalized and the US puts in place more export terminals, LNG exports from the US will rise. Through May 2018, the US exported a total of LNG totaled 9.0 million tons, up 61% from the same period in 2017. Exports have been climbing since early 2016. Korea, Mexico and China were the top three export destinations to date, with relatively small volumes to the EU. Continue reading
Tag Archives: United States
US Exports of Ethylene Polymers were down 2% in 2017
Shipments totaled 5.3 million tons for the year, with volumes at record high levels early in the year, a slowdown from May through November, then a surge in December.
LNG Exports Out of the US Hit New High in November
The United States exported 1.8 million tons of LNG in November 2017, setting another record. The average price picked up slightly from the prior month, to $214/ton.
Middle East Propane Exports to Asia Down Two Years in a Row as North America’s Grow
Middle East exports of liquefied propane gas to Asia-Pacific are projected to be down 3% at yearend 2017, to 19.9 million tons. This follows a decline of 7% in Middle East shipments to the region in 2016 versus 2015. The Middle East’s much smaller exports to Africa also were down for the second year.
In contrast, North America’s exports to Asia-Pacific are projected to end up 18% in 2017, to 13.2 million tons. In 2016, North America’s shipments to that region had jumped 81% from the prior year.
North America’s exports to Western Europe and Latin America are projected to be down in 2017 but shipments to Eastern Europe and Africa have risen in each of the last two years.
US exports were 2.6 million tons in October and 2.4 million tons in November, both volumes near record levels. Shipments totaled 24.1 million tons through November, up 14% on higher volumes to Japan, China, Mexico, Korea and many others.
From International Trader Publications’ Liquefied Propane Gas World Trade Report – a continuously updated on line analysis of global trade based on statistics from 60 countries.
US Exports of Ethylene Polymers Down 3% Through October
The United States exported a total of 4.5 million tons of ethylene polymers through October 2017, down 3% from the prior year. The small decline was the net of lower shipments of LLDPE and HDPE, partly offset by gains on exports of LDPE, EVA and Ethylene Copolymers.
Global Trade in Ethylene Polymers Up 7%; North American Exports Down 8%
The volume of ethylene polymers traded globally was up 7% through September 2017, to over 43 million tons of LDPE, LLDPE, HDPE, EVA and Copolymers shipped around the world.
US Cyclohexane Exports up 52% Through June, Mainly on Western European Shipments
The United States exported 118,500 tons of cyclohexane through June 2017, up 52% from the same period in 2016. Shipments hit a new monthly high of 35,000 tons in May, but slowed to 8300 tons in June.
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.
New: Liquefied Propane Gas World Trade Report
This new Report tracks the movement of liquefied propane gas between all importing and exporting countries and regions. In 2016, trade volume was 70 million tons, up 9% from 2015. Preliminary data shows volume as of February 2017 YTD up over 20%. Continue reading
Global Trends in Butadiene Monomer Trade in 2016
The volume of butadiene traded as imports and exports in 2016 was over 2.5 million tons, up 10% from 2015. Higher imports into Asia-Pacific and North America featured prominently in the increase in global volume.