Title: Caustic Soda Prices, News, Demand and Supply | ChemAnalyst
1Caustic Soda Prices Overview
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Market Overview Quarterly Update on Global
Caustic Soda Market For the Quarter Ending
March 2021 North America During the first
quarter of 2021, Caustic Soda supplies remained
disrupted as the freeze weather hit the US gulf
region, resulting in shutdown of some major
Chlor-alkali units in Texas such as Westlake
Chemicals, Olin Corp., Oxychem and Formosa for
over several weeks. The shutdown of several
plants, however, did not affect the prices of
Caustic Soda in the region which were assessed
around USD 280/mt FOB Texas Get more info
https//www.chemanalyst.com/Pricing-data/caustic-s
oda-3
2Caustic Soda Prices Overview
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Increased consumption from the downstream
sectors significantly drove the demand of Caustic
Soda in the regional market throughout the
quarter. Asia-Pacific (APAC) Caustic Soda
supplies remained balanced in the first quarter
of 2021, as various Asian producers scheduled a
maintenance turnaround, however the situation
seemed to balance out as a key producer resumed
its unit during the end of January. The demand
was firm during the first half of the quarter
ahead of Chinese Lunar New Year holidays, later
due to improved consumption from the automotive
and alumina industries. The Indian Caustic
industry reported dampened demand, and a further
hit as the governments trading arm denied any
recommendations to impose Anti-Dumping Duty (ADD)
on the Chinese Caustic Soda to lend support to
the downstream consumers. This left a significant
room for the inflow of cheap Caustic imports in
India. Europe The supplies of Caustic Soda in
the first quarter of 2021 slumped, as the Caustic
Soda market hit historically low. In the
Northwest Europe prices of Caustic Soda were
averaged under USD 180/MT FOB in early March.
The demand however surged as the majority of
Caustic Soda supply was diverted toward the
manufacturing of PVC production. Overall demand
however remained stable with the economy still
grappling to fully recover from the effects of
the pandemic during 2021.
3Caustic Soda Prices Overview
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Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Caustic Soda manufacturers, spread across
the domestic and international market, suppliers
and dealers/distributors to gain insights
into value-chains and demand-supply scenario to
assess the market situation. Thorough study of
companys annual reports and secondary sources
such as exhaustive search on credible paid
databases, including our internal database is
done to verify the information. All the collected
information is analyzed, evaluated and presented
in chronological order to depict a meaningful and
clear picture of the concerned market. Our
dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Caustic Soda market. The
team analyzes various industrial segments,
strategic viewpoints and provides an analysis of
the industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility. Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe. Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global Caustic
Soda market. Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on daily, weekly,
monthly and yearly basis. Finally, region-specif
ic markets for Caustic Soda are analyzed
and region-wise demand pattern is tracked.
4Caustic Soda Prices Overview
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- About
- Caustic Soda (Sodium Hydroxide) is a strong
alkali possessing the chemical formula NaOH.
Caustic Soda is one of the most popularly used
chemicals finding usage either as a raw material
or as an auxiliary chemical across myriad
industries. Caustic Soda is industrially produced
in two forms - lye and solid. Solid Caustic Soda
can be processed in the form of flakes or
granules at different purity levels. Caustic Soda
finds usage in textiles processing, alumina
refineries, soap and detergent, paper and pulp
industry and as an intermediate for manufacturing
a wide variety of organic chemicals such as dyes,
pigments, agrochemicals and variety of inorganic
chemicals such as sulphites, phosphites etc.
Caustic Soda is produced by the electrolysis of
brine (solution of sodium chloride i.e. NaCl),
using one of three cell types mercury, diaphragm
and membrane cells. During the electrolysis,
Chlorine is deposited at the anode while Sodium
Hydroxide solution and Hydrogen are produced at
the cathode. Being a co-product, the Caustic Soda
markets are strongly influenced by the movement
across the Chlorine value chains. Because
Chlorine and Caustic are the two different
products consumed across different industries,
manufacturers report facing problems in balancing
the demand on a chlor-alkali plant. -
- Product Specific Details
-
- CAS No. 115-07-1, HS Code 29012200 Grades (base
d on state) Lye and flakes Grades (based on
production method) Membrane Grade, Diaphragm
Grade Packaging Size Tank (Pressure
Vessel) Incoterms CFR, FOB, Ex-Works, Bulk
Contracted, Spot -
- Countries Covered
-
- APAC China, Japan, India, South Korea,
Singapore, - Europe Germany, France, Belgium
- America USA, Brazil
- MEA Saudi Arabia, UAE, South Africa
5Caustic Soda Prices Overview
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6Caustic Soda Prices Overview
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