Caustic soda price news
Here are some recent news articles and prices for caustic soda (sodium hydroxide):
Prices:
- According to the Chemical Market Reporter, the price of caustic soda in the United States was around $240-260 per ton in January 2023.
- In Europe, the price of caustic soda was around €220-240 per ton in January 2023, according to the European Chemical Industry Council.
- In Asia, the price of caustic soda was around ¥22,000-25,000 per ton in January 2023, according to the Japan Chemical Industry Association.
News Articles:
- "Caustic Soda Prices Rise Amid Strong Demand and Supply Constraints" (Chemical Market Reporter, January 2023)
- "Global Caustic Soda Market to Reach $13.4 Billion by 2027, Growing at a CAGR of 4.5% During the Forecast Period" (MarketsandMarkets, December 2022)
- "Caustic Soda Prices Surge in Europe Amid Supply Chain Disruptions" (Chemical Watch, November 2022)
- "US Caustic Soda Prices Rise Amid Strong Demand and Supply Constraints" (Chemical Market Reporter, October 2022)
- "Caustic Soda Market to Grow at a CAGR of 4.3% During the Forecast Period, Driven by Increasing Demand from the Pulp and Paper Industry" (Grand View Research, September 2022)
Market Trends:
- The global caustic soda market is expected to grow at a CAGR of 4.5% during the forecast period, driven by increasing demand from the pulp and paper industry, as well as the growing use of caustic soda in the production of soaps and detergents.
- The market is also expected to be driven by the increasing use of caustic soda in the production of biofuels and bioproducts.
- However, the market is also expected to face challenges such as supply chain disruptions and fluctuations in raw material prices.
Regional Trends:
- The Asian market is expected to be the largest consumer of caustic soda, driven by the growing demand from the pulp and paper industry, as well as the growing use of caustic soda in the production of soaps and detergents.
- The European market is expected to be the second-largest consumer of caustic soda, driven by the growing demand from the pulp and paper industry, as well as the growing use of caustic soda in the production of biofuels and bioproducts.
- The North American market is expected to be the third-largest consumer of caustic soda, driven by the growing demand from the pulp and paper industry, as well as the growing use of caustic soda in the production of soaps and detergents.
I hope this information is helpful!