10.26.18
The American Chemistry Council (ACC) reported that US specialty chemicals market volumes ended the third quarter on a good note, rising 0.2% in September. This follows a 0.5% rise in August and a 0.3% rise in July. This marks an improvement from the average 0.1% gain in the second quarter but below the average 0.5% gain in the first quarter, according to ACC.
All changes in the data are reported on a three-month moving average (3MMA) basis.
Of the 28 specialty chemical segments monitored, seventeen expanded in September, down from twenty-two in August. Seven markets experienced decline and four featured no change.During September, large market volume gains (1.0 percent and over) occurred only in foundry chemicals.
Cosmetic chemicals volume dropped during, but remains up year to date, according to ACC.
The overall specialty chemicals volume index was up 5.% on a year-over-year (Y/Y) 3MMA basis. The index stood at 112.9% of its average 2012 levels in September. This is equivalent to 7.69 billion pounds (3.49 million metric tons). On a Y/Y basis, there were gains among 22 market and functional specialty chemical segments. Compared to last year, volumes were down in six segments.
All changes in the data are reported on a three-month moving average (3MMA) basis.
Of the 28 specialty chemical segments monitored, seventeen expanded in September, down from twenty-two in August. Seven markets experienced decline and four featured no change.During September, large market volume gains (1.0 percent and over) occurred only in foundry chemicals.
Cosmetic chemicals volume dropped during, but remains up year to date, according to ACC.
The overall specialty chemicals volume index was up 5.% on a year-over-year (Y/Y) 3MMA basis. The index stood at 112.9% of its average 2012 levels in September. This is equivalent to 7.69 billion pounds (3.49 million metric tons). On a Y/Y basis, there were gains among 22 market and functional specialty chemical segments. Compared to last year, volumes were down in six segments.