18 July 2013 15:18 [Source: ICIS news]
LONDON (ICIS)--Cyclohexane (CX) exports from the EU rose steeply year on year in both April and May 2013, according to data from Eurostat on Thursday.
The increased exports were believed to have been linked to production outages in the US. There was widespread talk of US production problems during April and May but this could not be confirmed at source. Supply of CX was tight globally in both April and May.
In April 2013 1,301 tonnes of CX were exported by the EU, compared with 411 tonnes in April 2012. In May 2013, 2,390 tonnes of CX were exported, compared with 192 tonnes in May 2012.
CX imports to the EU, conversely, fell by 53% in April 2013 compared with April 2012, which was believed to have been because of tight supply. Nevertheless, in May 2013, import volumes rose by 32% compared with May 2012.
The EU imported 21,708 tonnes of CX in April 2012, which fell to 10,175 tonnes in April 2013.
May 2013 imports, though, rose to 30,709 tonnes from 23,215 tonnes in May 2012.
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