US IPA Q1 imports decreased 30%

09 May 2014 20:04 Source:ICIS News

HOUSTON (ICIS)--Imports of US isopropanol (IPA) decreased 30% during the first quarter of 2014, according to data released Friday by the US International Trade Commission (ITC).

Total IPA imports decreased to 17,540 tonnes from 24,901 tonnes during the first quarter of 2013.

The decrease is not surprising, as winter weather conditions and a barge accident in the Houston Ship Channel caused shipping delays for petrochemicals across the country. In addition, the industry was already in the midst of a rail car shortage, which further disrupted the supply chain.

Year on year, IPA imports for March 2014 were at 6,104 tonnes, down 27% from 8,326 tonnes in March 2013.

Major IPA import countries are Canada, Japan and India. IPA imports from India were down 30% year-on-year.

In exports, the first quarter saw an overall increase of 19%, to 35,447 tonnes from 29,853.

Year on year, IPA exports in March were up 16%, to 10,398 tonnes from 8,943 tonnes in March 2013.

Major IPA export countries were Spain, Belgium and Mexico.

IPA exports to Spain more than tripled year on year, to 3,037 tonnes from 1,001 tonnes.

IPA exports to Belgium were down 40%, and IPA exports to Mexico were up 1.7%.

Major US IPA suppliers are Dow Chemical, LyondellBasell, Haltermann, ExxonMobil and Shell.

By Andrew Guy Jr