Price trend According to the monitoring data of toodudu, the price of caustic soda rose, with the average market price in Shandong at the beginning of the week being 804 RMB/ton, and the average market price in Shandong at the end of the week being 816 RMB/ton, with a price increase of 1.49% and a price decrease of 24.58% compared to the same period last year. The caustic soda commodity index on March 23 was 115.97 points, up 0.29 points from the previous day, down 56.32% from the cycle’s highest point of 265.47 points (2021-10-27), and up 78.11% from the lowest point of 65.11 points on October 09, 2020. (Note: The cycle refers to 2011-09-01 to now) Analysis review According to survey data from toodudu, domestic caustic soda prices rose this week. On the 24th, the average market price in Shandong was around 730-830 RMB/ton. The ex-factory quotation for 32% of the mainstream liquid caustic soda in Hebei was around 850-950 RMB/ton. The price of caustic soda on the market rose sl...

The Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation concerning imports of caustic soda originating in or exported from Japan, Iran, Qatar and Oman.   On the basis ofthe duly substantiated written application by or on behalf of the domestic industry, the Authority, hereby, initiates an investigation to determine the existence, degree and effect of any alleged dumping in respect of the product under consideration originating in or exported from the subject countries and to recommend the amount of anti-dumping duty, which if levied, would be adequate to remove the injury to the domestic industry, the DGTR notification reads.   The Period of Investigation is from October 2019 to September 2020.   Alkali Manufacturers Association of India (AMAI) has filed an application before the DGTR on behalf of the domestic producers namely, DCW Limited, Grasim Industries Limited, Gujarat Alkalies and Chemicals Limited, SIEL Chemical Complex for i...