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We offer the following regional Caustic soda coverage to keep you informed of factors and developments affecting prices in the Latin America Caustic soda marketplace.
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Updated to Q2 2017
Domestic prices of liquid caustic soda in Latin America rose during the second quarter of 2017, but by different amounts, depending on the country.
In Mexico, caustic soda domestic average prices increased by $20/dry metric tonne (dmt) in the second quarter, tracking higher prices in neighbouring US.
In Argentina, domestic prices were up by an average of $20/dmt in the second quarter, on regional dynamics, while catching up with higher production costs after subsidies on energy were removed with the new government.
Demand remained moderate throughout Latin America, with no availability issues noted in the region.
Caustic soda price direction in the US usually drives prices in Latin America, but at a lag depending on the region. The effect from the US market is more immediate for non-producing and importing countries in Latin America, while the lag may be greater for caustic soda producing countries in Latin America.
In early June, caustic soda import prices were assessed at $420-480/dmt CFR (cost & freight) Brazil, and domestic prices were at $460-560/dmt Ex-tank Brazil.
At the beginning of 2017, caustic soda import prices were assessed at $380-440/ dmt CFR Brazil, and domestic prices at $425-525/dmt Ex-tank Brazil.
The Latin America caustic soda report covers domestic and import prices in the region. Producers, consumers and traders all have an interest in our timely information to help them make the best informed decisions.
To prepare the Latin American caustic soda report, ICIS talks to buyers, producers and traders throughout the region. We also include a brief comment on other regions that play a role in developments in Latin American markets.
Our caustic soda report stands out, because we publish on a weekly basis. We maintain a continuous dialogue with market participants. We not only talk with producers, we communicate with participants on both sides of negotiations. Buyer and trader commentary is very relevant to the caustic soda market, and to our reports.
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.