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US PET exports down 13% in 1H; down 33% to China
HOUSTON, August 22, 2016 (PCW) -- US exports of prime PET totaled 119,215 metric tons in the first half of 2016, down 13% from 1H 2015, the latest USA Trade Online data shows.
This compares with an 8.5% increase in US imports of prime PET in 1H, which totaled 343,087 mt.
PET exports to Canada, the leading destination by volume, totaled 30,334 mt in 1H 2016, down 11%. Mexico, the second largest destination, received 26,041 mt, up 12%.
Exports to the Netherlands in the first six months of 2016 were 22,386 mt, up 7%, and to China were 14,451 mt, down 33%. -- Xavier A. Cronin