CCM International Ltd

Liquid Chlorine Expected to Stop Falling

 

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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