Canada May chemical prices unchanged from April

28 June 2013 16:19  [Source: ICIS news]

TORONTO (ICIS)--Canadian prices for chemicals and chemical products remained flat in May, compared with April, a statistics agency said on Friday.

Compared with May 2012, prices were down 2.1% year on year, mainly because of lower urea fertilizer prices, Statistics Canada said.

Prices for rubber, leather, and plastics fabricated products were up 0.1% in May from April, and they were up 1.4% year on year from May 2012.

Canada’s overall May industrial product price index (IPPI) was unchanged from April after falling 0.9% in April from March.

Higher prices for petroleum and coal products were offset by declines in prices for primary metals, lumber and other wood products, the agency said.

Compared with May 2012, the IPPI was also unchanged, after edging down 0.1% year on year in April.

Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog

By: Stefan Baumgarten
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