Canada chemical prices fall 2.6% in July from June

29 August 2012 15:02  [Source: ICIS news]

TORONTO (ICIS)--Canadian chemical prices fell 2.6% in July from June, the country’s statistics agency said on Wednesday.

Industrial chemical product prices fell 2.5% in July from June, and fertilizer prices, led by urea, fell 13.5% month on month,  Statistics Canada said.

Compared with July 2011, Canadian chemical prices were down 0.8% year on year, Statistics Canada said.

Meanwhile, prices for Canadian rubber, leather and plastic fabricated products fell 0.3% in July from June but were up 1.8% year on year.

Canada’s overall industrial product price index was down 0.5% in July from June, because of the decline in chemical prices, as well as lower prices in the motor vehicle and transportation equipment sectors, Statistics Canada said.

Compared with July 2011, the overall index was up 0.3% year on year.

Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog

By: Stefan Baumgarten
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