Tag Archives: Vietnam

China’s Changing Role in Global Polyethylene Trade

China continues as the world’s largest PE importer but its percentage share of global trade volume has fallen over the 2020-2025 period. China’s imports are projected to decline further; China’s exports, to increase.

Continue reading →

Indonesia’s New Facility Will Reduce Dependence on Imports of Polyethylene and Polypropylene From Asia-Pacific Sources

On November 6, 2025, Indonesian president Prabowo Subianto inaugurated a naphtha cracker that will produce 1 million tons of ethylene and 520,000 tons of propylene. These will reduce Indonesia’s imports of monomers, polymers, and other petrochemicals.

Continue reading →

India Imported Record High Volumes of Film/Sheet Fabricated from PE, PP, and PET in July/August 2025; Prices Were at Their Lowest in Over Two Years

Through August 2025, the most current month available for India, imports of PE film/sheet totaled 282,000 tons, up 52% from the same period the year before. Imports of PP film/sheet were 67,000 tons, up 64%; PET film/sheet, 84,000 tons, up 76%.

Continue reading →

Trends in Oman’s Exports of Polyolefins

Startup of the Liwa Plastics Industry Complex in Sohar in 2020/2021 boosted Oman’s production capacity for polyethylene by 880,000 tons per year, and polypropylene by 300,000 tons per year. This led to a surge in exports, although lower global demand and increased competition, among other factors, impacted shipments in 2024 and are projected to also affect 2025.

Continue reading →

New POM Capacity in China is Projected to Lower Global Trade Volume in 2025 by 6% from 2024, to 1.2 Million Tons

Lower imports into China, together with rising exports from China, will impact trade flows out of Western Europe, North America, and the Middle East.

Continue reading →

US Polyethylene Exports Shift to Other Regions, Offsetting Lower Volumes to Asia-Pacific

The US exported 9.1 million tons of polyethylene (all grades combined) through July 2025, up 5% from the same period in 2024. Trade with Asia-Pacific slowed, but there were strong gains to Eastern Europe and Africa and moderate increases to Western Europe and Latin America. Average prices remained depressed.

Continue reading →

China/Vietnam Trade in Several Major Polymers and Chemicals Unlikely to Include Significant Transshipments

A new trade agreement between the US and Vietnam lowers tariffs on goods imported into US from Vietnam as the country of origin but keeps tariffs high if the goods are transshipped from China. Trade between China and Vietnam does not indicate significant transshipments for polyolefins and other products.

Continue reading →