Thursday, March 14, 2013

US Caustic Soda Supply Tight

Demand from non-traditional export destinations is straining US caustic soda availability, a market source said on Monday. 
Growing demand for US caustic soda from Africa, Australia and Europe, regions not considered conventional targets for US caustic, is placing upward pressure on prices, the source said on the sidelines of the 18th annual Plastimagen international plastics exposition and conference. --> 
Price increases of $30-50/dry short ton (dst) (€23-39/dst) announced by US producers remain under discussion. Suppliers have said the proposed hikes are driven by snug availability and steady demand.