Caustic Soda Contract Price Hike

Several U.S. caustic soda producers have announced a $60/ton increase on contract material, effective immediately. Market players say they are not surprised given the recent volatility in the caustic market. Demand is increasing and supply is tight, making a price increase necessary, players say. One producer cited continued tight supply amid healthy demand, as well as rising fuel prices affecting transportation costs, as reasons for the...

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