Procurement Resource

  In Q1 2023, Asia's caustic soda (flakes) market displayed stability, marked by increased orders and a modest inflation decline. China's industrial production rebounded post-holidays and COVID restrictions, supporting market growth. Conversely, South Korea grappled with rising stocks and uncertainties. Q2, however, witnessed a market decline due to higher energy costs and mounting inventories amid sluggish demand. Request for Real-Time Caustic Soda (Flakes) Prices: https://www.procurementresource.com/resource-center/caustic-soda-flakes-price-trends/pricerequest In Europe, Q1 saw price decreases due to market uncertainties and limited buyer purchasing power. While aluminum and related industries generated inquiries, overseas procurement remained a concern. In Q2, labor strikes and supply constraints led to shortages but couldn't counter slow economic activity, resulting in falling prices. In North America, declining prices persisted due to reduced demand in agrochemical and...