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North America chemical rail strength continues

January 28/2021

MOSCOW (MRC) -- During the week ended 23 January, chemical railcar in North America totaled 45,944 carloads, up 4.5% year-over-year (YOY) and down 3.6% from the previous week, according to Chemweek with reference to data released by the Association of American Railroads (AAR).

On a four-week basis, volume increased 5.2% from 2020 and 3.2% from 2019 (chart). For the year to date, chemical railcar traffic in North America is up 6.2% from 2020 and 4.8% from 2019.

Chemical railcar traffic in the United States contributed 32,140 carloads to the total, up 2.7% YOY and down 5.3% from the previous week. For the year to date, US chemical railcar traffic was up 4.9%.

Canadian chemical rail traffic totaled 12,852 carloads, up 9.0% YOY and up 1.5% from the previous week. For the year to date, Canadian chemical railcar traffic was up 10.4%.

Chemical railcar traffic in Mexico totaled 952 carloads, a YOY increase of 7.8% and a sequential decrease of 9.8%. For the year to date, Mexican chemical railcar traffic was up 1.5%.

As MRC informed previously, during the week ended 16 January, chemical railcar traffic in North America increased 8.8% year-over-year (YOY) on gains throughout the region. Volume totaled 47,660 carloads, down 1.9% from the previous week, according to data released on 20 January by AAR. On a four-week basis, volume increased 3.9% from 2020 and 1.6% from 2019 (chart). For the year to date, chemical railcar traffic in North America is up 7.0%.

We remind that Russia's output of chemical products rose in November 2020 by 9.5% year on year. At the same time, production of basic chemicals increased in the first eleven months of 2020 by 6.6% year on year, according to Rosstat's data. According to the Federal State Statistics Service of the Russian Federation, polymers in primary form accounted for the greatest increase in the January-November 2020 output. November production of polymers in primary form rose to 896,000 tonnes from 852,000 tonnes in October. Overall output of polymers in primary form totalled 9,240,000 tonnes over the stated period, up by 17.1%  year on year.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, propylene, ethylene, petrochemistry, Canada, Mexico, Russia, USA.
Category:General News
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