10 February 2010 22:56 [Source: ICIS news]
HOUSTON (ICIS news)--US imports of methyl ethyl ketone (MEK) rose in December to 2,087 tonnes, an increase of 33% from 1,572 tonnes during the same month of 2008, according to US International Trade Commission (ITC) data released on Wednesday.
Improved US economic conditions toward the latter end of 2009 helped contribute to an 11% increase in full-year import numbers as well, when MEK volumes shipped to the US grew to 57,446 tonnes in 2009 from 51,671 tonnes in 2008.
The top sources of December imports were the Netherlands, Germany and South Africa, with 95% of the month’s imports.
Exports were also up in December 2009, rising by 25% versus the year-earlier period. The top destinations were Mexico, Ecuador and Canada, which took 96% of the month’s total exports of 1,625 tonnes, according to the ITC.
For full-year 2009, however, overall exports fell by 21% to 21,575 tonnes from 27,322 tonnes during the previous year.
Current US prices for MEK were 64-68 cents/lb ($1,411-1,499/tonne, €1,030-1,094/tonne), according to global chemical market intelligence service ICIS pricing.
ExxonMobil produces MEK in the US.
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|
Asian Chemical Connections