Tag Archives: Vietnam

China Commodity Polymer Trade April 2022 Reflected Continued Weak Economic Activity From Covid Lockdowns

Polymer imports in April were almost as low as during Chinese New Year; exports of PVC hit a new high and shipments of PET also remained high; exports of fabricated plastic products continued slow.

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China’s Imports of Commodity Polymers Through June 2021 Were Down 11% From the First Half of 2020; Exports Jumped 87%.

After a brief spike in March following the Chinese New Year, imports into China trended downward, a different trend than had been seen over the last three years. Also unusual were exports out of China, which began rising toward the end of 2020 and soared to unprecedented levels in the first half of 2021.

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China’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.

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Trends in US Exports of Recyclable Polymers

US exports of recyclable polymers fell from nearly 2 million tons in 2016 to 624,000 tons in 2020. The rate of decline slowed from 2018 through 2020 but new US government initiatives to cut greenhouse gases and reduce plastic waste may have an impact.

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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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