07 November 2010 21:05 [Source: ICIS news]
RIO DE JANEIRO (ICIS)--Caustic soda availability in Latin America is expected to remain tight through year-end, with only moderate relief seen for the first quarter of 2011, a market source said on Sunday.
Recent medium sized orders were recently split into partial shipments, with at least one not loading the total volume required, the source said on the sidelines of the Latin American Petrochemical Association (APLA) annual meeting.
Negotiations for 2010 purchases have been completed, which has eased some immediate concerns, and demand peaks have levelled, the source said.
However, caustic soda supply would remain snug during the first quarter as it gradually comes into balance with demand, according to the source.
The APLA conference runs through Tuesday.
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