Canada September chemical sales rise 0.3% from August

15 November 2011 14:42  [Source: ICIS news]

TORONTO (ICIS)--Canada's chemical sales rose by 0.3% in September from August, to Canadian dollar (C$) 4.09bn ($4.01bn), a statistics agency said on Tuesday.

Compared with September 2010, Canada’s chemical sales were up by 12.4% year on year, Statistics Canada said.

Canadian sales of plastic and rubber products fell by 0.7% in September from August, to C$1.83bn, but were up 6.6% year on year from September 2010.

Overall, Canada’s manufacturing sales rose by 2.6% in September from August, to C$49.17bn, marking their third consecutive monthly increase.

The gain in September largely reflected higher sales in the petroleum and coal products and the transportation equipment industries, the agency said.

Compared with September 2010, manufacturing sales were up by 10.8% year on year.

Manufacturing inventories were at C$63.94bn, up by 0.4% from August and up by 7.8% year on year from September 2010.

New manufacturing orders were at C$50.98bn, up by 4.8% from August and up by 18.8% year on year from September 2010.

The inventory-to-sales ratio was 1.30 in September, compared with 1.33 in August and 1.34 in September 2010.

($1 = C$1.02)

Read Paul Hodges’ Chemicals and the Economy Blog


By: Stefan Baumgarten
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