07 June 2012 23:22 [Source: ICIS news]
SAO PAULO (ICIS)--Brazil's domestic sales of industrial chemicals in April increased by 10.26% year on year, chemical industry association Abiquim said.
Compared with the previous month, Brazil’s domestic sales in April dropped by 7.62%.
Domestic production of industrial chemicals in April fell by 5.85% year on year and by 15.38% month on month, according to Abiquim this week.
Abiquim said production dropped month on month due to programmed stoppages.
Products with greater demand in the first four months of 2012 compared with the same period last year included thermoplastic resins and fertilizers, Abiquim added.
In April, domestic prices of chemicals increased by 5.83% year on year.
Sales in the first four months of 2012 were up by 12.08% year on year, while production in the period increased by 5.99% year on year, Abiquim added.
In the first four months of 2012, prices increased by 4.92% year on year, Abiquim said.
Brazil’s chemical industry ran at an average of 77% of capacity in April, down by two percentage points compared with capacity in the same period of 2011, Abiquim said.
In the first four months of 2012, the average capacity was 82%, up four percentage points compared with the same period of 2011, the association added.
According to Abiquim, sales and production increased in the first four months of 2012 because of an energy blackout that occurred in February 2011 that impacted the industry that year.
Abiquim added that prices continued to increase in the domestic market following price increases that occurred in the international market.
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