BAUXITE & ALUMINA CONF: Northeast Asia becoming top caustic consumer as market enters upswing, IHS says

Northeast Asia is becoming the “price-maker” for caustic soda going forward, with the market in a price upswing cycle, according to an analyst at IHS Global Chlor-Alkali.

“The Northeast Asia region has become today’s caustic consumption powerhouse,” Hazel Kreuz said, referring to China, Japan, Mongolia and South Korea. “It is shifting to the high cost global chlor-alkali region, becoming the price-maker,” she added. Alumina is separated from bauxite by using a hot solution of caustic soda (sodium hydroxide) and lime (calcium oxide) - two key raw materials. The chlor-alkali process is the technology used to produce chlorine and caustic soda. According to Kreuz, caustic is in a price upcycle globally, and prices will continue to rise until new capacity comes on stream - albeit at a slower rate than in 2017. “All regions will see rising caustic margins,” she told delegates at Metal Bulletin’s 24th Bauxite and Alumina conference in Montego Bay, Jamaica. Global...

Published

Andrea Hotter

March 01, 2018

20:30 GMT

Montego Bay, Jamaica