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Firm volume for N. America weekly chemical rail

August 07/2020

MOSCOW (MRC) -- Chemical railcar traffic in North America remained firm during the week ended 1 August, according to data released by the Association of American Railroads (AAR), said Chemweek.

Volume totaled 44,069 carloads, up 3.5% from the previous week and down 2.4% year-over-year (YOY). On a four-week basis, volume was down 4.4% from 2019, versus the 5.0% shortfall recorded last week, and down 7.6% from 2018, versus last weeks 7.8% shortfall (chart).

For the year to date, chemical railcar loadings in North America are down 4.6% from 2019 and 5.7% from 2018. Total railcar loadings are down 14.4% from 2019.

Chemical railcar traffic in the US contributed 31,256 carloads to the total, down 5.1% YOY and up 4.0% from the previous week. For the year to date, US chemical railcar traffic is down 5.0%.

Canadian chemical rail traffic totaled 11,970 carloads, up 5.9% YOY and up 3.3% from the previous week. For the year to date, Canadian chemical railcar traffic is down 3.4%.

Chemical railcar traffic in Mexico totaled 843 carloads, a YOY decrease of 5.1% and a sequential decrease of 8.1%. For the year to date, Mexican chemical railcar traffic is down 6.2%.

As MRC informed earlier, Russia's output of chemical products rose in June 2020 by 2.6% year on year. However, production of basic chemicals increased year on year by 4.9% in the first six months of 2020. According to the Federal State Statistics Service of the Russian Federation, polymers in primary form accounted for the greatest increase in the output in January-June. Production of benzene was 106,000 tonnes in June 2020, compared to 110,000 tonnes a month earlier. Overall output of this product reached 721,000 tonnes over the stated period, up by 3.9% year on year.
Author:Anna Larionova
Tags:North America, petroleum products, petrochemistry.
Category:General News
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