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Australian alumina makers delay restocking caustic soda as price falls
Edited by : AL CIRCLE
1 min read
Alumina producers in Australia have been asking to delay taking delivery of caustic soda term contract cargoes in anticipation of lower prices, a source at Taiwan's Formosa Plastics said this week.
They have been drawing on existing stocks ahead of contract price negotiations for the fourth quarter, which are expected to begin in early September, he said.
They have been drawing on existing stocks ahead of contract price negotiations for the fourth quarter, which are expected to begin in early September, he said.
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