US March HDPE exports fall by 15% year on year

09 May 2014 19:46  [Source: ICIS news]

HOUSTON (ICIS)--US high density polyethylene (HDPE) exports for March 2014 decreased by 15% from the same month in 2013, according to data available from the US International Trade Commission on Friday.

Exports of HDPE fell to 141,255 tonnes in March 2014 from 166,475 tonnes in the same month of 2013.

Mexico, Canada and Brazil were the top destinations for US material, together accounting for 65% of all US exports. Exports to Canada increased, while exports to Mexico were relatively stable and exports to Brazil fell by nearly 19%.

Part of the decrease in HDPE exports is likely attributable to tight supply caused by lingering production outages and weather delays during the first quarter.

Linear low density polyethylene (LLDPE) exports for March 2014 fell by 7.2% from the same month in 2013, dropping to 55,718 tonnes from 60,058 tonnes in March 2013.

Mexico, China and Brazil purchased the most LLDPE from the US, with Mexico taking 31% of exports for a total of 17,479 tonnes, which represented a decline from the 19,754 tonnes it took in March 2013. Exports to China more than doubled during that period, while exports to Brazil fell slightly.

US low density polyethylene (LDPE) exports for March increased by 1.4% from the same month in 2013, rising to 60,404 tonnes from 59,598 tonnes.

The top three destinations for US material were Canada, Mexico and China, together taking 48% of exports. Exports to Canada fell slightly, while exports to Mexico and China grew.

Major US PE producers include Chevron Phillips Chemical, LyondellBasell, Dow Chemical, ExxonMobil, Westlake, INEOS, Total, Nova Chemicals and Formosa Plastics.

 

US Exports in tonnes

Mar '13

Mar  '14

% chg

YTD'13

YTD '14

%chg

HDPE

166,475

141,255

-15

517,327

431,026

-17

LDPE

59,598

60,404

1.4

179,807

189,588

5.4

LLDPE

60,058

55,718

-7.2

164,508

189,017

15

 

 

 

 

Source: USITC


By: Michelle Klump
+1 713 525 2653



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