US January acrylic acid exports rise by 78% year on year

10 March 2014 22:15 Source:ICIS News

HOUSTON (ICIS)--US acrylic acid exports for January 2014 totalled 3,536 tonnes versus 1,985 tonnes in the same month one year ago, an increase of 78%, according to data made available on Monday by the US International Trade Commission (ITC).

The increased export activity reflected ongoing weakness in the domestic acrylates market as the new year began, and was further evidenced by a sharp drop off in acrylates imports.

Exports were principally to Brazil and Mexico, with volume to Brazil nearly quintuple the level seen in January of 2013. Shipments to Mexico rose by 31% year over year.

Imports from Germany and Belgium dried up for January, compared with  a total of 2,504 tonnes shipped from those regions in January 2013.

US acrylic acid suppliers include Dow Chemical, BASF, Sasol and Arkema Emulsion Systems.

US Acrylic acid exports in tonnes:

Jan 2014

Jan 2013

% chg

3,536

1,985

78%

 

 

Source: US International Trade Commission

By Larry Terry