Canada June chemical sales rise 1.2% from May

16 August 2013 16:01  [Source: ICIS news]

TORONTO (ICIS)--Canadian chemical sales rose 1.2% to Canadian dollar (C$) 4.05bn ($3.93bn, €2.95bn) in June from May, a government statistics agency said on Friday.

Compared with June 2012, chemical sales were up 9.1% year on year, Statistics Canada said in a data release.

Meanwhile, Canadian sales of plastics and rubber products were C$2.04bn in June - down 0.2% sequentially from May and down 1.5% year on year from June 2012.

Canada’s overall manufacturing sales fell 0.5% to C$48.2bn in June from May, marking their fourth decrease in sixth months, Statistics Canada said. Manufacturing sales have been "on a slow decline" since the spring of 2012, it added.

June’s decline mostly reflected lower sales in various manufacturing, fabricated metal product and wood product industries. Higher sales in the petroleum and coal product industry offset a portion of the decreases, the agency said.

Compared with June 2012, overall manufacturing sales were down 3.7% year on year.

($1 = C$1.03, $1 = €0.75)

Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog


By: Stefan Baumgarten
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