Caustic Soda Set to Increase

Several U.S. caustic soda producers, including Olin and Dow Chemical, have nominated a $45/ton increase for all grades. The nomination represents the third increase this summer and the fifth this year. The five nominations in 2010 total about $275/ton. With the export market steady amid a series of planned and unplanned plant outages, the need for producers to nominate higher caustic soda prices is not uncalled for, says a market source. The newest price increase is not expected to take hold in the market until at least October 1. This is probably the earliest...

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