06 June 2008 04:27 [Source: ICIS news]
SINGAPORE (ICIS news) -- Asian liquid caustic soda cargoes for July lifting could breach the $500/ tonne FOB (free on board) northeast (NE) Asia mark in July due to strong demand from the US, producers said this week.?xml:namespace>
According to a NE Asian producer, he has already received, from a ?xml:namespace>
Offers for July lifting were heard at around $530/tonne FOB NE Asia while offers for June lifting were meanwhile at $500/tonne FOB NE
“Domestic demand [in Asia] is actually quite stable but buying interest from the
Some traders however highlighted that, negotiations for July cargoes were still ongoing and that it remains to be seen if the $510/tonne FOB NE
Buyers and sellers also noted that prices for June cargoes remained at around the mid-$400s/tonne level and that trading was subdued this week. Deals done last week were at $450-460/tonne FOB NE
Since chlorine and caustic soda are produced in the same manufacturing process, the poor demand for chlorine in the
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|