Mexichem Q1 2016 results hit by industry headwinds

By Shruti Salwan
Published: Thursday, 28 April 2016

Leading fluorspar producer Mexichem has reported negative growth in its Q1 2016 results bearing the brunt of appreciation of US dollar against other currencies, decline in resin prices and weaker demand in the fluorspar business. The company’s shares have dropped following the blast at its VCM plant.

Revenues dropped by 12% year-over-year (y-o-y), at $1.26bn. The fall was attributed to the strengthening  US dollar, a decline in polyvinyl chloride (PVC) resin prices and slowing demand in the fluorspar industry.The company’s...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.