EU May MEA imports down year on year, exports rise

18 July 2013 16:52  [Source: ICIS news]

LONDON (ICIS)--Monoethanolamine (MEA) imports from the rest of the world fell in May year on year, while exports from the EU increased, according to data released on Thursday by Eurostat.

Imports from the rest of the world decreased by 23%, while exports increased by 18%.

Despite the year-on-year drop in imports, the market was under pressure from competitively-priced material from South America and Thailand, as well as a fall in major feedstock ethylene.

In April, year on year, imports increased by 20%, while exports increased by 50%.

MEA  import and export data by Eurostat (units: tonnes)

Period

IMPORT

EXPORT

May 2012

4,595

463

May 2013

3,518

547

% change year on year

-23

18

Eurostat import/export data is subject to revision as more detailed information becomes available.

($1 = €0.76)


By: Julia Meehan
+44 20 8652 3214



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