Canada chemical prices fall 0.4% in June from May

31 July 2012 18:38  [Source: ICIS news]

TORONTO (ICIS)--Canadian chemical prices fell 0.4% in June from May, a statistics agency said on Tuesday.

Fertilizers and industrial chemicals saw the largest month-to-month declines, with prices falling 2.1% and 0.4%, respectively, Statistics Canada said.

Compared with June 2011, Canadian chemical prices were down 0.5% year on year.

Meanwhile, prices for Canadian rubber, leather and plastic fabricated products were up 0.7% in June from May, and up 2.1% year on year from June 2011.

Canada’s overall industrial product price index fell by 0.3% in June from May, largely because of lower prices for petroleum and coal products. Excluding petroleum and coal product, the index rose by 0.5%, the agency said.

Compared with June 2011, the index was up 0.4% year on year.

By: Stefan Baumgarten
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