- Global outlook cloudy- Mexico port problems ongoing





The US caustic soda price held steady over
the week ending March 28, as market participants considered many economic
factors. Multiple market participants stated
that they have a wait-and-see attitude during the American Fuel &
Petrochemicals Manufacturers International Petroleum Conference, San Antonio,
Texas. Market participants stated that the global
economic outlook is not often so cloudy. Participants
in the US market noted that there are many factors at play, including
persistent inflation, rising interest rates and the current banking
environment, which can impact caustic soda's downstream use. Market
participants also noted that Mexican ports still have restrictions on caustic
soda imports. According to market participants, some ports
have had their operating certificates revoked by local authorities and
operations are currently at a halt. Sources said
that supply is...