By Ng Hun Wei
SINGAPORE (ICIS news)--Caustic soda buyers in Asia are pushing to change term supply contracts for 2010 from the current biannual fixed-price system to one that is more responsive to current volatile market conditions, market sources said on Friday.
Major buyers, such as alumina makers, have started negotiating this week with regional caustic soda makers for first-half 2010 term supply contracts.
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VIDEO - ICIS news Europe Lunchtime Bulletin 20 November 2009
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