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NGLs Week

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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 scrap imports surge from Taiwan, Nigeria, Honduras

HOUSTON, December 20, 2016 (PCW) -- US imports of PET scrap totaled 100,127 metric tons through October, up 14,587 mt or 17% from Jan-Oct 2015, the latest USA Trade Online data show.

Full-year 2015 imports totaled 101,859 mt valued at $55.5 million.

Imports surged from Taiwan, at 2,419 mt through October, up 2,400 mt or 12,632% from the 2015 period. Imports from Nigeria in the 2016 period totaled 3,340 mt, up 3,231 mt or 2,964%. Imports from Honduras, the third largest source, totaled 9,541 mt in Jan-Oct 2016, up 5,069 mt or 113%. Imports from Thailand were 1,731 mt in the 2016 period, up 1,505 mt or 666%.

Imports from the top source, Mexico, were 25,219 mt in the 2016 period, down 1,780 mt or 6.6%; imports from Canada, the number two source, were 20,922 mt in Jan-Oct 2016, down 1,063 mt or 5%. -- Xavier A. Cronin

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