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.
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.
We offer the following regional Caustic soda analysis and news coverage to keep you informed of factors and developments affecting prices in the Asia Caustic soda marketplace.
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Caustic soda, with its co-product chlorine, is produced via an electrolysis of brine, in the ratio of one part chlorine to 1.1 parts caustic soda.
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.
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