According to Zhongyu information statistics, PE imports have shown an increasing trend in the past five years. In 2020, the total import volume of PE will be about13,735,700 tons, with a year-on-year increase of 1 1.24%.
In September 2020, the total import volume of PE was about1818,600 tons, an increase of 17.08% from the previous month and a year-on-year increase of 35.69%. Among them, imported LDPE (tariff code 390 1 1000) was about 330,300 tons, up 33.08% from the previous month and 9.42% from the same period last year. HDPE (tariff code 390 12000) imported about 938,300 tons, up 16.35% from the previous month and 4 1.43% from the same period last year. LLDPE (tariff code 390 14020) imported about 549,950 tons, up 10.29% from the previous month and up 37.43% from the same period last year.
Although Zhejiang Petrochemical Company, Dalian Hengli Petrochemical Company, Bora leander Basel Petrochemical Company, Zhongke Refining and Chemical Company and Sinochem Quanzhou Company were put into production in 2020, the import volume still increased compared with the same period of last year, especially from May to September. From June 5438 to September 2020, the output of plastic products was about 55.26 million tons, up about 1.94% year-on-year. On the whole, the demand for plastic products was acceptable during the year, and the domestic petrochemical plant was overhauled in the early stage, so the PE import volume increased during the year compared with the same period of last year. In the later period, with the 6,543,800+5,000-ton high-voltage device in yantai wanhua, Heilongjiang Guohai Longyou Petrochemical Company and Yanchang Jurong Chemical Phase II put into production, it is expected that the domestic supply will increase substantially and the PE import volume may decrease.
According to Zhongyu Information, the total PE export in September 2020 was about 1.9 1 10,000 tons, down 14.02% from the previous month and up 10.9 1% year-on-year. Among them, the export of low-density polyethylene (tariff code 390 1 1000) was about 7400 tons, a decrease of 15. 13% from the previous month and an increase of 10.59% from the previous year. The export of HDPE (tariff code 390 12000) is about 0.9 1000 tons, down 8.38% from the previous month and up 6. 14% year-on-year. LLDPE (tariff code 390 14020) exports about 2,500 tons, down 27.47% from the previous month and up 33.96% from the same period last year. From June 5438 to September 2020, the total export volume of PE was about 19 10000 tons, which was about 5.40% lower than the same period of last year.
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