US May PP exports rise on more shipped to China, India
Lane Kelley
09-Jul-2015
HOUSTON (ICIS)–US May polypropylene (PP) exports showed another moderate gain year on year, with shipments to China and India accounting for the increase, according to data obtained this week from the US International Trade Commission (ITC).
PP cargoes to China more than doubled and to India more than tripled, making up for declines in shipments to top destinations Mexico and Canada. A similar movement occurred in April.
In the first five months this year, PP exports accounted for 5.6% of total North American production, according to data from the American Chemistry Council (ACC).
US PP imports, only a fraction of exports and not quite 1% of total production, increased largely on more material from top sources Korea, Israel, Canada, Mexico, Belgium and Colombia.
Major North American PP producers include LyondellBasell, ExxonMobil, INEOS, Total, Formosa, Braskem Americas, Pinnacle Polymers, Phillips 66 and Flint Hills Resources.
US polypropylene exports, imports, in tonnes
|
US PP |
15-May |
14-May |
% chg |
YTD 2015 |
YTD 2014 |
% chg |
|
Exports |
89,770 |
85,271 |
5% |
395,385 |
407,106 |
-3% |
|
Imports |
15,646 |
9,554 |
64% |
67,958 |
58,781 |
16% |
Source: US International Trade Commission
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.
Contact us to learn how we can support you as you transact today and plan for tomorrow.
READ MORE
