US June exports of phenol higher by 54% year on year

14 August 2014 19:23 Source:ICIS News

HOUSTON (ICIS)--US June phenol exports totalled 37,783 tonnes, up by 54% from 24,579 tonnes during the same month one year ago, according to data made available this week by the US International Trade Commission (ITC).

Despite the increased level of exports, US sources say phenol demand is relatively steady from one year ago.

Year to date, phenol exports were down 17% year on year, at 151,697 tonnes from 182,068 tonnes.

The Netherlands took the most of June exports at 11,281 tonnes, or 30%, while Canada and Belgium took 6,452 tonnes and 6,289 tonnes, respectively. Other notable destinations included Thailand and Mexico.

There was no appreciable phenol import activity in June, according to the ITC.

Major US phenol producers include Axiall, Dow Chemical, Haverhill Chemical, Honeywell, INEOS Phenol, SABIC Innovative Plastics and Shell Chemical.

US PHENOL exports in tonnes:

JUN 2014

JUN 2013

YTD 2014

YTD 2013

YTD % chg

37,783

24,579

151,697

182,068

-17

 

 

Source: US International Trade Commission

By Larry Terry