Canada chemical prices fall 0.4% in Feb from Jan – agency

29 March 2012 15:48  [Source: ICIS news]

TORONTO (ICIS)--Canadian prices for chemicals and chemical products fell 0.4% in February from January, a government statistics agency said on Thursday.

Compared with February 2011, prices for chemicals and chemical products were up 2.2% year on year, Ottawa-based Statistics Canada said.

Meanwhile, Canadian prices for rubber, leather and plastic fabricated products fell 0.1% in February from January and were up 3.5% year on year from February 2011.

Overall, Canada’s industrial product prices edged up 0.2% in February from January, led by petroleum and coal products, as well as primary metals.

Gasoline prices - up 3.9% - were a big contributor to the month-on-month increase in petroleum and coal products.

Compared with February 2011, Canada's industrial product prices were up 1.7% year on year.

By: Stefan Baumgarten
+1 713 525 2653

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