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Chemical Week Magazine :: Basic Chemicals & Plastics
Caustic Soda Market Is Quiet as Producers Push for Price Hikes
10:03 AM MDT | September 9, 2011 | —Lindsey Bewley
The U.S. spot caustic soda market has hit a late-summer slowdown amid a flurry of contract price increase nominations. Spot activity remains scant, but a previously announced $65/ton price increase is gaining momentum. All major producers in the U.S. have, at this point, declared their intent to raise prices. Contract prices for August are still about $530-$550/ton, and the $65/ton increase is expected to take effect by October, players say. Domestic spot prices have been stable since July in a range of about $400-$440/ton. Inventories are running low, but there...
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