Chemical prices rise in December | Chemical & Engineering News
Volume 85 Issue 5 | p. 24 | Concentrates
Issue Date: January 29, 2007

Chemical prices rise in December

Department: Business

U.S. chemical prices improved in the final month of 2006, according to the latest data from the Labor Department. The producer price index for all chemicals was 206.7 (1982 = 100), up 0.2% from November and 2.4% ahead of the year-earlier December. For industrial chemicals, the December index rose 0.8% from the previous month and 5.4% from the comparable month in 2005 to 213.5. For all of 2006, the average index for all chemicals increased 7.4% from 2005, while that for industrial chemicals was up 13.1%. These are the smallest full-year increases for the respective sectors since 2003.

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