Caustic soda industry: Is there light at the end of the tunnel? – 13 Aug 2021

The caustic-chlorine industry in India witnessed a cyclical downturn after H1FY20 which was further exacerbated during FY21 owing to the Covid-19 pandemic-related contraction in demand from major end-use industries

Prices fell to a decadal low

But from March this year, the sector seems to be crawling back to health

The situation however is complicated by the fact that a capacity of around 7 lakh MTPA of caustic soda (which comprises around 15% of existing installed capacity in India) are under implementation by various industry players, and this bring about downward pressure on prices going ahead