EU ACN imports/exports fall year on year in November - Eurostat

21 January 2014 11:22 Source:ICIS News

LONDON (ICIS)--European acrylonitrile (ACN) imports and exports fell in November 2013 compared with the same month in 2012, data from statistics agency Eurostat showed on Tuesday.

Imports saw the biggest year on year fall, with a 46% decrease compared with November 2012. Exports fell by 33% during the same period.

Downstream acrylic fibre demand was weak in November because of poor macroeconomic conditions and the beginnings of destocking ahead of the end of the year, to lower working capital on year-end balance sheets

Import and export data by Eurostat (units: tonnes)

Period

Import

Export

November 2012

6,428

14,490

November 2013

3,488

9,698

% change year on year

-46

-33

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

By Mark Victory