CHINA’S annual average PX exports in 2024-2030 could average as much as 7.4m tonnes a year or as little as 700,000 tonnes
Asian Chemical Connections
Why China’s HDPE net imports could average just 700,000 tonnes per year in 2024-2030
RIGOROUS scenario planning is essential for China’s net import flows in 2024-2030
Global demographics shape polyethylene demand yesterday, today and tomorrow
DEMOGRAPHICS SHAPE petrochemicals demand. As we consider the future, evaluate the different challenges of the G20’s Rich but Old, Poor & Old and Poor & Young G2O groups of countries.
The “National Champions” in the New Petrochemicals Landscape
SHORT-TERM tactics should involve maximising returns within regions along with a greater focus on exports anywhere in the world
Why the rest of the developing world cannot follow in China’s growth footsteps
The developing world outside China cannot repeat China’s economic growth model because of climate change, ageing populations in the West and sustainability
Demographics, sustainability and 1bn tonne less global polymers demand
Flat 2023-2050 demand growth in China and the developed world would leave the global market for nine synthetic resins 1bn tonnes smaller than the ICIS base case.
India, climate change, demographics and polymers demand growth
Climate change and demographics are economic destiny – their effects cannot be avoided. But the petrochemicals industry has a huge role to play in shaping favourable outcomes
Why China’s HDPE demand could decline in 2023-2040
China’s cumulative HDPE demand under the downside scenario would be 97m tonnes lower than our base case. in the above chart
How to manage risks and opportunities during maybe the worst-ever PP downcycle
During this downturn, razor-like focus on fluctuating netbacks and supply and demand among all the different countries and regions will allow producers to ensure that they don’t make product for markets where there is no demand, while ensuring that they take maximum advantage of many brief periods of stronger demand and pricing.
Global oversupply of petrochemicals to hit 218m tonnes in 2023 – the highest in any other year since 1990
Capacity exceeding demand is forecast to reach 218m tonnes this year from a 1990-2022 annual average of 76m tonnes.