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Caustic Soda Prices to Rise

1:38 PM MDT | January 24, 2007 | Peck Hwee Sim

Caustic soda producers are having partial success with a $40/ton increase, due to tightening supply, and low inventories, sources say. Caustic soda contract prices rolled over in December at $300-$325/ton fob. Buyers have agreed to contract increases of $20/ton or less, but most producers say they are firm on their stance to push through the full increase. Membrane-grade caustic soda prices, in particular, will likely rise by the full $40/ton due to very tight supply, market participants say. Diaphragm-grade caustic soda prices are likely to rise as well, but by...

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