US MDI exports decline by 40% in March 2012

10 May 2012 19:07  [Source: ICIS news]

HOUSTON (ICIS)--US methyl di-p-phenylene isocyanate (MDI) exports in March 2012 were down by 40% from the same month in 2011, according to data released by the US International Trade Commission (ITC) on Thursday.

MDI exports in March this year decreased to 947 tonnes from 1,576 tonnes exported in March 2011.

Month on month, exports rose by 64% to 947 tonnes in March 2012 from 579 tonnes in February, the ITC said.

For the first quarter this year, exports were down by 43% to 2,281 tonnes, compared with 4,001 tonnes in the first three months of last year, according to the ITC.

The decrease from 2011 to 2012 was a result of smaller volumes being shipped to Brazil.

Top destinations for US MDI thus far in 2012 were Mexico (1,004 tonnes) and Brazil (472 tonnes) and Argentina (168 tonnes).

US MDI suppliers are Bayer MaterialScience, Huntsman, BASF and Dow Chemical.

 


By: Ron Coifman
+1 713 525 2653



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