EU CX imports and exports drop sharply in Feb - Eurostat

22 April 2014 17:08 Source:ICIS News

LONDON (ICIS)--European cyclohexane (CX) imports to and exports from the EU fell dramatically in February 2014 year on year, according to figures from statistics agency Eurostat on Tuesday.

Exports of CX fell by 93% while imports fell by 44%.

European CX demand was weak because high upstream benzene costs resulted in squeezed polyamide chain margins downstream, limiting buying interest.

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

Period

Imports

Exports

February 2013

27,774

5,048

February 2014

15,659

374

% change year on year

-44

-93


Eurostat import/export data is subject to revision as more detailed information becomes available. EU figures comprise the aggregate of member states data published by Eurostat.

By Mark Victory