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N. America weekly chemical rail up YOY on gains in Canada, Mexico

February 11/2021

MOSCOW (MRC) -- During the week ended 6 February, chemical railcar traffic in North America increased 4.1% year-over-year (YOY) on gains in Canada and Mexico, said Chemweek.

Volume totaled 46,250 carloads, down 4.3% from the previous week, according to data released by the Association of American Railroads (AAR). On a four-week basis, volume increased 5.4% from 2020 and 4.5% from 2019 (chart). For the year to date, chemical railcar traffic in North America is up 5.2% from 2020 and 4.4% from 2019.

Chemical railcar traffic in the United States contributed 33,581 carloads to the total, up 2.8% YOY and down 1.3% from the previous week. For the year to date, US chemical railcar traffic is up 4.1%.

Canadian chemical rail traffic totaled 11,795 carloads, up 9.6% YOY and down 11.4% from the previous week. For the year to date, Canadian chemical railcar traffic is up 9.8%.

Chemical railcar traffic in Mexico totaled 874 carloads, a YOY decrease of 12.4% and a sequential decrease of 10.7%. For the year to date, Mexican chemical railcar traffic is down 9.2%.

As per MRC, Chemical rail traffic in North America closed January strong, pushing year-to-date volume up 5.7% from 2020 and 5.5% from 2019. During the week ended 30 January, volume totaled 48,312 carloads, up 5.2% from the previous week and up 4.4% year-over-year (YOY), according to data released by the Association of American Railroads (AAR). On a four-week basis, volume increased 5.6% from 2020 and 3.7% from 2019.

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.ru
Author:Anna Larionova
Tags:petroleum products, neftegaz, petrochemistry, Russia, USA.
Category:General News
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