US August caustic soda exports rise by 13%, imports soar by 56%

28 October 2013 20:37  [Source: ICIS news]

HOUSTON (ICIS)--US caustic soda exports in August rose 13% year on year and imports soared 56%, according to data from the US International Trade Commission (ITC) released on Monday.

Export volumes, which total three times that of imports, rose on greater shipments to four of the top five destinations.

Shipments to Brazil, the largest US export market, totaled 167,907 tonnes, a 21% increase compared with 139,294 tonnes in August 2012.

Exports to Suriname rose almost four-fold, up to 70,082 tonnes compared with 17,764 in the same month a year earlier. 

Shipments to Jamaica almost doubled, to 59,714 tonnes from 30,972 a year earlier, as well as caustic soda going to Mexico, which received 26,800 tonnes compared with 14,727 in August of 2012.

US Caustic soda exports in August 2013, in tonnes:

AUG 2013

AUG 2012

YTD 2013

YTD 2012

YTD % chg

383,324

339,799

2.909m

2.751m

5.7%

Source: US International Trade Commission (USITC)

On the other side of the trade balance, US caustic soda imports soared on big gains among the top four sources.

Shipments from China more than quadrupled to 49,070 tonnes from 11,029 tonnes in August 2012. Shipments from Germany totaled 16,423 compared with virtually none in the same month last year, and cargoes from Japan tripled to 17,941 compared with 4,999 in August of 2012.

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

US Caustic soda imports in August 2013, in tonnes:

AUG 2013

AUG 2012

YTD 2013

YTD 2012

YTD % chg

169,754

108,911

941,994

773,025

22%

Source: US International Trade Commission (USITC)

 

 


By: Lane Kelley
+1 713 525 2653



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