Tag Archives: Vietnam

The Volume of Recyclable PE Traded Globally in 2020 Rose by 9% From the Prior Year, to 2.8 Million tons.

Imports into Eastern Europe were particularly strong. Imports into Asia-Pacific also increased, despite China’s import ban. Expanded trade within Western Europe, Eastern Europe and North America were also factors in the increase.

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Russia’s PE and PP Exports Soar in 2020; LPG Exports Drop

SIBUR’s addition of new polyolefins capacity in western Siberia was reflected in Russia’s export figures for 2020 which set new record highs for HDPE, LLDPE and PP. As a result, Russia exported substantially lower volumes of liquefied propane gas, which is used as a feedstock in the new plant.

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China’s Imports of Polypropylene Jumped 25% in 2020, to 6.8 M Tons

Higher volumes were imported from Asia-Pacific, 4.9 million tons, up 24%, the Middle East, 1.4 million tons, up 26%, as well as all other regions. Average prices soared from August through December, reaching $1190/ton.

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Sharp Drop in Global Isocyanates Trade Through May 2020 and Projected for Year End

The volume of isocyanates (combined MDI, TDI and other) traded through May 2020 was down 10% from the same period last year, based on latest available statistics. Asia-Pacific and Western Europe, accounting for more than half of global trade volume, each saw trade contract within their regions, with lower imports.

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US Exports of Some, But Not All, Ethylene Polymers Slow in April 2020

After trending higher since December and reaching record levels in March, the total volume of US exports across all the ethylene polymers was down in April. Shipments for the month were down 10% from March, but the magnitude of the decline varied greatly by specific polymer and also by region.

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China’s Imports of Polymers, and, Exports of Fabricated Plastic Products Showed Relatively Small Declines in Q1 of 2020. Exports of PE and PP set new records in March.

Imports of commodity polymers totaled 6.8 million tons in the first quarter, down 5% from the same period, pre-Covid-19, in 2019. Exports of a basket of fabricated plastic products were down 3%, to 2.6 million tons.

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US Ethylene Polymer Exports, R-PE Trade, and Imports of PE Sacks and Bags as of February 2020

US exports of ethylene polymers continued strong through February 2020, volume near record levels. Shipments of recyclable polymer continued falling. Imports of PE sacks and bags from China dropped.

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