US January MA exports down 46% year on year - ITC

08 March 2013 18:01  [Source: ICIS news]

HOUSTON (ICIS) --US maleic anhydride (MA) exports were 3,160 tonnes in January, a 46% drop from the same month one year earlier, according to US International Trade Commission (ITC) data released on Friday.

However, January’s figure was 26% more than the 2,505 tonnes of MA shipped in December, the ITC said.

January exports generally show a rise over December, which is typically one of the slowest months of the year. Downstream demand tends to pick up as producers of unsaturated polyester resin (UPR), or glass fibre, begin ramping up production for use in automobile and boat manufacturing.

Mexico was by far the top destination for US MA exports, at 1,621 tonnes. It was followed by Canada (437 tonnes), Columbia (335 tonnes) and Germany (258 tonnes).

Major US MA producers include Huntsman, LANXESS, Ashland and Flint Hills Resources.

($1 = €0.76)

Follow Ken Fountain (@ICIS_Ken) on Twitter.

By: Ken Fountain

AddThis Social Bookmark Button

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.

Printer Friendly

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