US January ACN exports drop by 43% year on year – ITC

08 March 2013 17:59  [Source: ICIS news]

HOUSTON (ICIS)--US acrylonitrile (ACN) exports for January were down by 43% year on year, according to data released by the US International Trade Commission (ITC) on Friday.

US January ACN exports totalled 37,614 tonnes compared with 65,825 tonnes a year ago.

The decrease was primarily the result of a nearly 100% drop in shipments to China, as well as greater than a 50% drop in exports to India and Korea, according to the ITC data.

The US does not typically import ACN.

US producers of ACN include Ascend Performance Materials; Cornerstone Chemical and INEOS Nitriles.

Combined, those producers have an annual output capacity of 1,462,250 tonnes.

($1 = €0.76)

Reporting by: Mark Yost

By: Staff Reporter
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