19 June 2013 15:01 [Source: ICIS news]
LONDON (ICIS)--European caprolactam (capro) exports from the EU rose by 20% in March 2013 compared with March 2012, according to data released this week by statistics agency Eurostat.
In March 2013 some 33,465 tonnes of capro was exported, compared with 27,944 tonnes in March 2012.
Exports rose despite new capacity coming on stream in Asia, which had been expected to suppress overseas buying interest.
During the same period capro imports into the EU fell by 86%, from 140 tonnes in March 2012 to 20 tonnes in March 2013.
Import volumes fell because poor macroeconomic conditions limited consumer purchasing power in end-use markets such as fibres and automotives.
|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