02 December 2010 20:08 [Source: ICIS news]
SAO PAULO (ICIS)--October exports from Brazilian petrochemical giant Braskem totalled $181.4m (€137.9m), down 15.9% year on year as a result of lower international prices for petrochemical products, Brazil’s Foreign Commerce Bureau (Secex) said on Thursday.
That marked the first year-on-year decline for any month in 2010, the Bureau said.
Secex said the drop resulted from lower international prices for products such as basic petrochemicals and thermoplastic resins.
Year-to-date through October, Braskem’s exports totalled $2.05bn, up 32.2% year on year, according to Secex.
Braskem officials were not immediately available for comment. Secex did not release tonnage figures.
($1 = €0.76)
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