Guangzhou, Guangdong -- (SBWire) --06/08/2011 --Recently, domestic price of liquid chlorine is falling. This week, market price of liquid chlorine is USD130/t ~ USD155/t in North China. The decrease of price slows down and stabilizes.
First, electricity clampdown influences the operating rate of chlor-alkali companies. Previously caustic soda grows fast and market demand is adequate. Therefore, the chlorine price decreases. However, with the electricity clampdown comes, the operating rate of chlor-alkali companies is down to 50% - 70%.
Second, new epichlorohydrin equipment in Shandong Province has already worked and the demand for chlorine increases.
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Liquid Chlorine Expected to Stop Falling