Why caustic soda prices are rising?

Why caustic soda prices are rising?

Trends suggest that the demand uptick in textile and paper industry has led to rise in caustic soda prices. Caustic soda prices are up 22 percent on a month-on-month (MoM) basis at Rs 28 per kilogram (kg). These prices fell substantially during COVID-19 because of lower demand.

Why did caustic soda prices fall?

Caustic soda prices decline on reduced offtake Marketmen said subdued demand from consuming industries against increased arrivals from producing regions mainly pulled down caustic soda prices.

Is caustic soda a commodity?

Caustic soda is everywhere, used in making paper, soap, ice cream, aluminum and hundreds of other products. It is a classic commodity chemical where price matters more than anything else. So a bitter fight roiling the industry could be only about one thing: the price of caustic soda.

What are the different grades of caustic soda?

Liquid caustic soda is available as a 50% solution in two main grades. The names of these main grades correspond to the electrolytic cells used to produce the caustic soda; membrane grade and diaphragm grade. OxyChem can also provide dilutions of various concentrations.

How much is Caustic soda in China?

Commodity Sectors Price
Caustic soda Chemical 1278.00
Caustic soda Chemical 1274.00
Caustic soda Chemical 1274.00
Caustic soda Chemical 1274.00

Why are soda ash prices so high?

The demand for Soda Ash has risen due to sudden surge in the demand for cleaners and detergents during the pandemic. As Per Chemanalyst, “the price rise for Soda Ash is driven by the rise in the demand of flat glass due to the recovery in economic activity post coronavirus constraints easing.

What is the price of 1 kg Caustic soda?

Caustic Soda Powder, Grade Standard: Chemical Grade, Packing Size: 1 Kg, Rs 30/kilogram | ID: 16514493712.

What is the price of 1 kg caustic soda?

How much is caustic soda in China?

Is all caustic soda the same?

Caustic soda is sodium hydroxide which is lye – they are the exact same thing; just different names. The reason behind the different names is mainly to do with the chemical name being “sodium hydrate” and the chemical itself is “caustic or corrosive”, leading to being known as caustic soda.

Is caustic a VOC?

VOC Information – Liquid Caustic Soda does not contain constituents that qualify as volatile organic compounds (VOC) based on the definition in 40 CFR 51.100.

How much is Caustic soda in Kenya?

KES 245.00(Inc. VAT)