US caustic soda exports in June drop 13% year on year: ITC

08 August 2013 17:26  [Source: ICIS news]

HOUSTON (ICIS)--US caustic soda exports in June fell 13% from the same month in 2012, according to data from the US International Trade Commission (ITC) made available on Thursday.

The US shipped 299,288 tonnes of caustic soda in June, compared with 343,351 tonnes in June 2012, the ITC said.

June’s figure was also 13% lower than the 345,073 tonnes shipped in May. Year to date, however, US caustic soda shipments are 6% higher than the 2,057,804 tonnes shipped during the first six months of 2012.

Brazil was by far the top destination for US caustic soda in June, at 109,967 tonnes. It was followed by Canada (62,785 tonnes), Jamaica (38,305 tonnes) and Mexico (23,568 tonnes).

Meanwhile, the US imported 178,927 tonnes of caustic soda in June, up 68% from the 106,643 tonnes received in the same month in 2012 and up 56% from the 114,452 tonnes received in May. Year to date, the US has imported 630,430 tonnes of caustic soda, up 5% from the 602,388 tonnes received during the first six months of 2012.

The top exporter of caustic soda to the US in June was China, at 67,744 tonnes, followed by Taiwan (59,228 tonnes), Canada (24,148 tonnes) and Korea (9,104 tonnes).

Major producers of US caustic soda include Dow, Formosa, Axiall, Olin, Occidental Chemicals and Shintech.

($1 = €0.75)

Follow Ken Fountain (@ICIS_Ken ) on Twitter.

By: Ken Fountain

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