11 November 2012 19:48 [Source: ICIS news]
RIO DE JANEIRO (ICIS)--?xml:namespace>
The increase, while small, reflects
The trade gap figure is too large, said Abiquim president Fernando Figueiredo during a presentation at the Latin American Petrochemical Association (APLA) annual meeting.
Figueiredo said the trade deficit would have been larger had it not been for the sluggish Brazilian economy.
As it is, imports represent one third of the Brazilian chemical market, he said.
The decline stems from the effect of the financial crisis in Europe and a slowdown in
The APLA conference ends on Tuesday.
($1 = €.79)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections