Caustic Potash prices Are About to go in Overdrive as Europe Awaits Deicing Season
Discussions of Caustic Potash in Europe have fluctuated in a stable to narrow range since past few months in lieu of the volatile demand in the domestic market. Despite of the extended energy crises in Europe, demand for KOH has remained dull due to the low consumption rate in various applications. However, moving into January, KOH prices are expected to rebound owing to its high demand for de-icing applications in the peak winter season. Winter season in Europe officially begins around 22 nd December. It has been heard that at extreme winters, demand for de-icing increases steadily from at airports, public places and even at normal localities. As KOH is regarded as one of the ideal de-icing agents, the extreme winter in Europe leads to a steep surge in its demand. In line with the bullish demand fundamentals various Chlor-Alkali manufacturers tend to increase KOH prices in order to widen their profit margins. For instance, Vynova, one of the leading Chlor-Alkali manufacturers b...