Industry news

Stats: China’s Q3 PE imports recover on quarter

Data from ChemOrbis Import Statistics show that China’s total PE imports in the third quarter of 2021 reached slightly above 3.640 million tons. The total volume indicated a slight increase of 7% from the previous quarter. The Q2 volume had been the lowest since the last quarter of 2017.

HDPE makes the largest contribution to total Q3 volume

ChemOrbis data also show that China imported nearly 1,695 million tons of HDPE in the July-September period. This volume made the largest contribution to the country’s total PE imports in the third quarter.

Saudi Arabia was the main HDPE supplier of China during the third quarter with 338,441 tons, meanwhile.

HDPE was followed by LLDPE and LDPE imports with total Q3 volumes of around 1,2 million tons and 745,000 tons, respectively.

Q3 PE imports fall year-on year

While total PE imports in the July-September period posted a recovery on a quarterly basis, they were down on a year-on-year comparison.

ChemOrbis data suggest that total PE imports in Q3 2021 fell nearly 28% from the same period of 2020 when the volumes reached an all-time high of 5 million tons.
(Source: chemorbis)

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