High caustic soda supply triggers further price cuts at the turn of the year

Prices for caustic soda are expected to continue
on the downward trend; Source: EUWID
14 Jan 2020 − 

Experts warn of continued price erosion on the NaOH market in Western Europe due to increased output and cheap imports.

Rising output and strong, unbroken imports have created oversupply of caustic soda in Europe, keeping up pressure on prices. This toppled efforts by NaOH suppliers to stabilise prices in the fourth quarter of 2019, forcing them to grant rebates to their customers.

Market prices were weak until the end of the year. Negotiations on delivery terms for the first quarter of 2020 had not entirely been concluded in the middle of January, but further cuts are looming again.

This article is an excerpt from EUWID's quarterly report on the caustic soda (NaOH) market in Western Europe.

Find the EUWID Price Watch NaOH for the fourth quarter in EUWID Pulp and Paper issue no 3/2019, which will be available to our e-paper and print subscribers as of 15 January.

For more information on markets for paper chemicals and auxiliary materials in Europe login in here or check our subscription models.

previous − Burgo's CCM machine in Verzuolo starts test runs

Mondi Group to close UK flexible packaging plants  − next