12 July 2011 21:24 [Source: ICIS news]
HOUSTON (ICIS)--US May exports of chlorinated solvents were down by 16% month on month, but higher by 24% year on year, according to data released on Tuesday by the US International Trade Commission (ITC).
US exports of chlorinated solvents methylene chloride, perchloroethylene (perc) and trichloroethylene (TCE) totalled 16,422 tonnes in May, down from 19,624 tonnes in April, but up from 13,210 tonnes in May 2010.
Month-on-month exports were likely lower because of the continued record high prices for each of the products in the US, as assessed by ICIS, due to constrained supply and strong demand.
As a result, several South American countries imported less US material. Instead, they looked to Europe for imports.
Strong US domestic demand kept upward pressure on prices of the chlorinated solvents throughout the month.
US imports of the chlorinated solvents totalled 3,366 tonnes in May, down 29% year on year from 4,737 tonnes in May 2010 and up 3% month on month from 3,279 tonnes in April 2011.
Major US sellers of the chlorinated solvents are Dow Chemical, INEOS Chlor, Occidental Chemical and PPG Industries.
To learn more about the chlorinated solvents go to ICIS chemical intelligence
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