EU October phenol imports continue to rise year on year

19 December 2013 11:23 Source:ICIS News

LONDON (ICIS)--Phenol imports into the EU from the rest of the world increased by 19% year on year in October, according to statistics agency Eurostat data on Thursday.

Unfavourable economics of European production and high feedstock costs were the main factors behind the higher import levels.

Exports were back to more normalised levels year on year, after the very low levels seen in October 2012.

Phenol import and export data by Eurostat (units: tonnes)


IMPORT

EXPORT

October 2012

8016

541

October 2013

9563

4269

% change yoy

19.3

689.8

Eurostat import/export data is subject to revision as more detailed information become available.

By Rhian O'Connor