export–12% month-on-month decrease

in may 2021, china exported 101,230 tons of other polyethers (including polyether polyols) in primary forms, a decrease of 12% from the previous month and an increase of 157.16% from the same period last year.

according to the breakn of destination countries, the top three countries for the cumulative export of polyether polyols from january to may are vietnam, turkey and brazil.

in may, china’s exports to turkey were 41,695 tons, a decrease of 21% from the previous month. in order to curb the spread of the new crown pneumonia epidemic, turkish president recep tayyip erdogan announced on monday (april 26) that from april 29 to may 17 local time, a complete blockade will be implemented throughout turkey.

in order to reduce the negative impact of the epidemic on the turkish economy and protect the import pressure faced by domestic industries, turkey imposed additional tariffs on more than 3,000 imported goods on april 21, and imposed additional tariffs on more than 3,000 imported goods on may 11. additional taxes of up to 30% are levied on more than 400 products including jewellery, refrigerators, washing machines, and air conditioners. on may 20, it was announced again that it would temporarily increase the tax on imported goods for construction materials and equipment, mechanical equipment, steel products, auto parts, electrical equipment, glass and other products, which will last until september. after october 1, the tax rate will be reduced. will be adjusted n to 25%.

in may, china exported 25,868 tons to india, a decrease of 57% from the previous month. since april, global public health events have escalated again. a “perfect storm” of mass gatherings, low vaccination rates and more contagious variants of the virus has led to a sharp worsening of india’s second deadly wave, with city and city lockns and port shutns, the transfer of some orders has brought a great impact to the local polyurethane industry.

requirements the sharp drop directly led to a reduction in india’s imports in may. as the “detroit” of india, tamil nadu is a key region of india’s automobile manufacturing industry. ford, gm in the united states, renault-nissan and yamaha in japan, hyundai in south korea, bmw, bosch and daimler in germany and other international cars enterprise giants have 1-2 production bases in tamil nadu. chacha tamil nadu is also one of the areas where the epidemic has ravaged more severely, and there has been a wave of stoppage strikes. in addition to automobile companies, from medicine to textiles to mobile phone manufacturing, all walks of life are deeply in the predicament of the epidemic.

in may, china exported 30,664 tons to brazil, a decrease of 45% from the previous month. there are no polyether devices in brazil, and most of them rely on imports from europe and the united states. since april, the united states has gradually shaken off the sha of the epidemic and achieved a full recovery. consumer demand has improved significantly. the us consumer market has rebounded rapidly and is full of resilience. furthermore, the impact of force majeure on polyether devices brought about by the cold wave at the beginning of the year has basically eased. the polyether plant in the united states started operating normally, and exports to brazil increased significantly, correspondingly, polyether imports from china dropped sharply.

serial number	destination country	1-5monthly export	5month-to-month ratio
1	vietnam	47,020	-24%
2	turkey	41,695	-21%
3	brazil	30,644	-45%
4	india	25,868	-57%
5	united states	22,944	-29%
6	uae	22,635	23%
7
5	united states	20,521	-22%
6	japan	10,148	-19%
7	malaysia	7,914	-30%
8	taiwan, china	6,401	-29%
9	russian federation	4,331	-3%
10	netherlands	4,302	20%