10 September 2009 22:59 [Source: ICIS news]
HOUSTON (ICIS news)--US exports of methyl isobutyl ketone (MIBK) fell 58% to 977 tonnes in July from 2,325 tonnes during the same month last year, according to US International Trade Commission (ITC) data released on Thursday.
Export destinations were led by ?xml:namespace>
However, July volume was down by nearly half the amount shipped during June.
Demand was down from year-ago levels, sources said, but MIBK supply and demand was nearly balanced, reducing interest in shipping material abroad. MIBK is primarily used as a solvent for inks, coatings and adhesives.
July imports were 1,754 tonnes, nearly flat year over year, and up nominally from 1,689 tonnes in June, the ITC said.
US MIBK producers include Dow Chemical, Eastman and Celanese.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|