29 November 2012 14:43 [Source: ICIS news]
TORONTO (ICIS)--Canadian chemical prices rose by 0.7% in October from September, a statistics agency said on Thursday.
However, compared with October 2011, chemical prices were down by 3.0% year on year, Ottawa-based Statistics Canada (StatsCan) said in a data release.
Meanwhile, prices for rubber, leather and plastic fabricated products rose by 0.1% in October from September, and were up by 1.2% year on year from October 2011.
Canada’s overall industrial products price index fell by 0.1% in October from September, largely because of lower prices for petroleum and coal products, the agency said.
StatsCan noted general price declines for gasoline and fuel oil products – especially gasoline, which was down by 3.1% from September, marking its first decline in four months.
Excluding petroleum and coal products, the industrial products price index rose by 0.2% in October from September.
However, compared with October 2011, the index was down by 0.2% year on year.Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog
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