U.S. polyethylene export pressure is huge

Rapid expansion of internal production capacity, deterioration of external trade relations

Statistics show that in 2019, the United States will add more than 8 million tons/year of PE production capaci.

Lost the largest PE export market

The.

Up to now, China is the world's largest PE importer, but due to the impact of the trade friction between the United States and China, China has imposed a 25% tariff on LLDPE and HDPE from the United Stat.

On August 1,.

Export prices continue to fall

Internal and external difficulties have also brought downward pressure on US PE export prices, and the lower-than-expected GDP growth in some major emerging markets has also limited dema.

For most of this year, HMW-grade HDPE has commanded a premium compared to other grades of HDPE, but HMW-grade and other grades of HDPE are currently trading very close to each oth.

In the LLDPE market, the premiums of hexene and metallocene grades compared to butene grades have narrowed as oversupply has weighed on all grades of LLDPE produc.

A fire at ExxonMobil's Bay City, Texas, plant on July 31 sent ethylene spot prices higher, but it has yet to have a similar impact on PE pric.