EU May TEA imports decrease, exports increase year on year

18 July 2013 17:26  [Source: ICIS news]

LONDON (ICIS)--Triethanolamine (TEA) imports into the EU decreased in May. year-on-year, while exports increased, according to data from European statistics agency Eurostat on Thursday.

Imports decreased by 18% in May, while exports increased by 111%.

In April year-on-year imports decreased by 36%, while exports increased by 258%.

Demand from the major derivative esterquats (clothes softener) market has remained steady and almost recession-proof, but a downturn has been seen from the end-use construction sector due to weak macroeconomic conditions and the extended winter.  

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

Eurostat TEA import and export data (units: tonnes)

Period

IMPORT

EXPORT

May 2012

3,508

521

May 2013

2,860

1,103

% change year on year

-18

111

($1 = €0.76)


By: Julia Meehan
+44 20 8652 3214



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