Braskem resin exports drop 46% in the 2nd quarter

Braskem’s resin exports dropped 46% in the 2nd quarter of 2021 compared to the same period last year. The information was disclosed in a statement sent to the market on the 22nd.

“The drop was due to the lower supply of resins for export due to the normalization of demand in the Brazilian market. The market had been impacted in the 2nd quarter of 2020 by the economic slowdown caused by Covid-19”, said the company.

See the DataLiner graph below for monthly resin exports by Braskem since January 2020:

Brazilian Resins Exports (HS 3911) by Braskem | Jan 2020 to May 2021 | WTMT

Graph source: DataLiner (click here to request a demo)

The petrochemical company also said that its resin sales in Brazil from April to June fell 17% compared to the first quarter of this year, while those of the main chemical products fell 10%.

Source: Money Times

To read the full original article, visit the link:

https://www.moneytimes.com.br/exportacoes-de-resinas-da-braskem-recuam-46-no-2o-trimestre/

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