Hamburg (Germany): Sodium Hypochlorite prices have shown weak trend in May xxxx as the downturn persisted throughout the Chlor-Alkali industry, with production of Caustic Soda and Chlorine in Europe recording abysmal operating rates of below xxx in May xxxx. The situation was particularly drastic in multiple countries like Belgium, the Netherlands, and Germany, where flooding in the Rhine Valley halted operations across multiple units. Sodium Hypochlorite is primarily used for wastewater treatment in ETF and to supply clean drinking water to residential and commercial establishments.
European markets have been experiencing a bearish stance for the past four months due to lower seasonal demand and an influx of cheaper Sodium Hypochlorite inventory from Asia and Norway. Domestic supply of Sodium Hypochlorite remained constrained due to high costs of gas and electricity. ChemAnalyst conducted investigations into the cost structure of Sodium Hypochlorite for European markets in the...
