In Hx May, the caustic potash prices exhibited a mixed performance across important regional economies in the Asia-Pacific (APAC) market. The downstream demand, particularly from the soaps and detergents segment within the FMCG sector, has provided a degree of support, but purchasing behaviour remains selective in light of elevated price levels.
The prices for caustic potash increased in India as downstream industries&#xx; buying sentiment improved slightly. The demand from the downstream FMCG segment—in particular, producers of soaps and detergents—saw marginal improvement in sales volume in early May. Caustic potash procurement has been steady as a result of production activities being further hindered by distribution issues brought on by the monsoon. The reported price for caustic potash is at INR xxxxx/MT for Ex-Mumbai basis.
China, the biggest producer, and consumer of caustic potash in the region, on the other hand,...
