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.
Continue readingGlobal Trade in P-Xylene Projected Down 2% in 2019
Trade volume by year end is projected at 22 million tons, down 2% from 2018 based on the latest statistics from 50 countries. This compared with an 11% gain in global trade volume in 2018 versus 2017. Prominent trends in 2019 include a drop in Asia-Pacific intra-regional trade, increased exports from the Middle East, and lower shipments from North America.
Continue readingUS Exports of Recycle Polymers Down 46% as of July 2019; Further Declines Likely From India’s Ban on Recycle Polymer Imports
The US shipped 406,000 tons of recycle polymers through July, 2019, down 46% from the same period in the prior year. China’s total ban on imports of recycle polymers as of 2018 was a key factor in the decline. Further declines in US exports are expected as India has announced it will also ban all recycle polymer imports.
Continue readingUS Exports of Polyethylene Continue Setting New Records, Despite the US/China Trade War
US exports of polyethylene reached successive new highs from March through May, 2019, with relatively little impact evident from reduced shipments to China.
Continue readingGlobal Trade in Recycle Polyethylene Down 31% in 2018
Based on latest available statistics, ITP projects a volume of 3.2 million tons of recycle polyethylene traded globally in 2018. This is a decline of 31%, or 1.4 million tons, from 2017. Exports out of Western Europe and North America were particularly impacted, although shipments from all regions were down.
Another Record for US Polyethylene Exports
US exports of ethylene polymers set a another record high in October, 2018, climbing to 706,300 tons. Volume in January was 494,000 tons.
Little Change in MEG Global Trade Volume Projected for 2018
ITP projects MEG trade volume for 2018 of 15.1 million tons, up 1% from 2017. This compares with an increase of 10% from 2016 to 2017. The trend in global trade volume generally indicates the trend in world demand.
Overview of Singapore’s Commodity Polymer Trade July 2018 YTD
Singapore imported 1.7 million tons of commodity polymers through July 2018, up 11%, and exported 4.2 million tons, up 6%.
Trends in Recycle Polyethylene Trade
Global trade in recycle polyethylene was down 14% through June 2018, the loss of China as an import market partly offset by higher imports into other Asia-Pacific markets and also Turkey.