25 November 2013 22:14 [Source: ICIS news]
MEDELLIN, Colombia (ICIS)--Petroleos Mexicanos (Pemex) posted a $39.0m (€28.9m) trade surplus in petrochemical products in the first 10 months of 2013 compared with a surplus of $13.2m in the prior-year period, the state-run energy company announced on Monday.
Exports of petrochemicals in the January-October period totalled $146.8m, while the cost of imports was $107.8m, according to statistics on the company’s website.
In October, the company registered a petrochemicals trade surplus of $1.5m compared with a deficit of $6.8m in the same month last year.
Meanwhile, domestic sales of petrochemical products in October fell by about 8.4% to Mexican pesos (Ps) 2.40bn ($184m, €136m) from Ps2.62bn in the prior-year month.
In volume terms, domestic sales totalled 291,400 tonnes, down by about 2.4% from 298,700 tonnes.
Accumulated domestic sales in the January-October period were down by about 6.4% to Ps28.82bn from sales of Ps30.80bn in the same period last year, while volumes fell by 6.0% to 3.29m tonnes from 3.50m tonnes.
($1 = €0.74, $1 = Ps13.02)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections