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NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

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PET exports, valued at $436-mil in 2015, down 7% through October

HOUSTON, December 19, 2016 (PCW) -- US exports of prime PET totaled 198,478 metric tons through October, down 15,716 mt or 7% from Jan-Oct 2015, the latest USA Trade Online data show.

In full-year 2015 exports totaled 247,603 mt valued at $436.1 million; US prime PET imports in 2015 totaled 593,318 mt valued at $695.5 million.

Exports to the top destination, Canada, totaled 50,315 mt in Jan-Oct 2016, down 5,206 mt or 9% from the 2015 period. Exports to Mexico, second, totaled 44,654 mt through October, up 5,184 mt or 13%. Next in volume was the Netherlands at 35,456 mt in the 2016 period, up 5,545 mt or 18.5%. 

Exports came from 63 countries in Jan-Oct 2016. Exports from Romania through October fell to 199 kg from 4 mt in Jan-Oct 2015. -- Xavier A. Cronin

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