15 May 2008 21:56 [Source: ICIS news]
HOUSTON (ICIS news)--Import prices for caustic soda in Brazil fell this week as shipments from producers in Europe loosened supply, industry participants said on Thursday.
Prices dropped $60/DMT (dry metric tonne).
According to sources in Latin America, a parcel of 9,000 DMT arrived in ?xml:namespace>
The source reported delays in obtaining customs clearance due to a strike at the port, although he added that this could be resolved by the end of the week.
Caustic soda import prices in
The downward trend is unusual in a globally tight caustic soda market that has sent prices in all regions soaring in recent months.
However, sources said demand for caustic soda in
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