ICIS price reporting for regional Caustic soda markets is unparalleled in its ability to keep you on top of the information you need.
Our network of price reporters delivers direct and regular insights into the local markets they work in.
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Caustic soda news and market information products from ICIS
We offer the following regional Caustic soda coverage to keep you informed of factors and developments affecting prices in the Asia Caustic soda marketplace.
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Updated to Q2 2018
Spot availability was ample in southeast Asia due to the recent appearance of Middle Eastern cargoes from Iran and Qatar. Export cargoes from Indonesia could also have increased during the same period due to transportation of caustic soda and chlorine being banned on roads during the Ramadan holidays in Indonesia. This was in spite of northeast Asia producers’ seasonal turnarounds in June. Chlorine’s negative value also weighed down the operation costs of Chinese chlor-alkali producers.
Chinese demand for caustic soda was bogged down by environmental checks in downstream sectors in Tianjin and Jiangsu, with the exception of stable demand from the alumina sector in Shandong. However, downstream sectors in Japan and South Korea were stable. Low offers of Middle Eastern origin cargoes exerted downward price pressure in southeast Asia, dampening market sentiment. Demand was also affected mostly in Malaysia and Indonesia as buyers toned down operations during the Ramadan month.
ICIS publishes a weekly report on the caustic soda liquid market in the Asia-Pacific. The report tracks free on board (FOB) northeast Asia (NE Asia) and cost & freight (CFR) southeast Asia (SE Asia) prices, respectively.
ICIS pricing assesses caustic soda liquid prices on a 100% dry basis and the price range covers products of all grades.
Prices are assessed based on information supplied by our extensive leads and market sources, which include buyers, producers and traders.
Upstream and downstream market developments are taken into consideration as they can influence prices significantly.
The report offers market commentary, which includes details of transactions, news on the supply and demand balance, export and import information, contract price negotiations and general market sentiment.
In addition, prices that relate to the domestic market in China are mentioned in the report. Where relevant, there is information on production issues, as well as plant outages and turnarounds.
We provide subscribers with a comprehensive overview of the market situation. Many subscribers use our prices as a benchmark, while others use our reports as a reference for their pricing or procurement positions.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Caustic soda. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Caustic soda, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.