13 May 2008 22:48 [Source: ICIS news]
HOUSTON (ICIS news)--Mexican caustic soda producers have proposed a $80/DMT (dry metric tonne) price hike to be implemented 15 May amid globally tight supply conditions, sources said on Tuesday.
If fully implemented, the increase would push local caustic soda prices in ?xml:namespace>
Producers said the price hike is a result of higher prices of material imported from
Declining chlor-alkali production rates in
“This increase is in line with what we’ve seen in the
Chlorine and caustic soda are produced simultaneously in the same manufacturing process, but chlorine demand has a greater influence on production rates because it is a corrosive, toxic gas that is dangerous to store.
Caustic soda producers in
($1 = €0.65)
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