The American Chemistry Council
(ACC) reported that US specialty chemicals market volumes ended the second quarter on a solid note, increasing 0.4 percent in June after a slightly revised 0.4 percent gain in May, and a 1.0 percent gain in April. All changes in the data are reported on a three-month moving average (3MMA) basis. Of the 28 specialty chemical segments monitored, 18 expanded in June, nine experienced decline and one featured no change. During June, large market volume gains (1.0 percent and over) occurred in electronic chemicals and oilfield chemicals.
The overall specialty chemicals volume index was up 4.8 percent on a year-over-year (Y/Y) 3MMA basis. The index stood at 112.9 percent of its average 2012 levels in June. This is equivalent to 7.69 billion pounds (3.49 million metric tons). On a Y/Y basis, there were gains among twenty-one market and functional specialty chemical segments. Compared to last year, volumes were down in seven segments.