2-EH exports in June more than triple on China, LatAm demand

08 August 2013 22:14  [Source: ICIS news]

HOUSTON (ICIS) -- US exports of 2-ethylhexanol (2-EH) in June more than tripled  from the year-ago period, pushing the US from being a net importer to a net exporter of the oxo-alcohol, according to data released Thursday from the International Trade Commission (ITC).

June exports totalled 9,671 tonnes, up 224% from 2,984 tonnes shipped in June 2012, according to ITC figures.

On a month-to-month basis, June exports dropped slightly from 11,001 tonnes in May.

Exports to China, Chile, Colombia, Peru and Mexico jumped dramatically, mostly because those countries received little or no material in June 2012.

Imports dropped 20% month-to-month to 4,395 tonnes in May, from 5,503 tonnes in May 2012.

The reshifting of the trade balance for the alcohol has moved US exports up to a volume that now equals what the country was importing in 2012 and pushed imports down by 52% for the first six months of 2013, according to the ITC data.

For the year to date, exports total 49,525 tonnes, up 43% from 34,721 tonnes shipped during the first half of 2012.

Volumes of 2-EH imported from Germany are down to a quarter of 2012 levels.

2-EH is used mainly in the production of plasticizers, which are then used to create malleable polyvinyl chloride (PVC), which is used in construction materials, and is sometimes used in diesel fuel additives.

 

 


By: Bill Bowen
+1 713 525 2653



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