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Story summary
- China imported a record one million metric tons of U.S. ethane in April 2026 after Middle-East disruptions.
- Satellite Chemical, Wanhua Chemical and SP Chemical bought the cargo, driving crackers to capacity and lifting ethylene margins to $845 per ton.
- May imports will fall to about 414,000 tons—a 41 % decline as demand weakens—while U.S. President Donald Trump began a visit to China on May 13, 2026, his first since November 2017.
