18 February 2011 17:44 [Source: ICIS news]
The increase came after Statistics Canada (StatsCan) reported a 1.0% sequential decrease in chemical sales from October to November.
Compared with December 2009, Canadian chemical sales rose by 3.9%, StatsCan said.
Canadian sales of plastics and rubber products rose by 1.5% to C$1.8bn in December 2010 from the previous month, and were up by 11.4% from December 2009.
Overall, Canadian manufacturing sales in December rose by 0.4% to C$45.4bn.
Gains in the primary metal, petroleum and coal product industries were offset by declines in aerospace products and parts, StatsCan said.
Canadian manufacturing sales had been moving upward at a slower rate in recent months, after increasing substantially between May 2009 and May 2010, the agency added.
Compared with December 2009, manufacturing sales were up by 6.2%.
New manufacturing orders in December totalled C$44.5bn, down by 1.9% from November, but up by 1.5% from December 2009.
Manufacturing inventory levels in December were C$61.0bn, almost unchanged from November, but up by 2.6% from December 2009.
The overall manufacturing inventory-to-sales ratio was 1.34 in December, compared with 1.35 in November 2010, and 1.39 in December 2009.
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|