Japan's Showa Denko will increase its local list prices of caustic soda by Yen 12/kg ($156/mt) for shipments from September 15 to reflect rising fuel costs since early this year, the company said Friday without providing effective prices.
Showa Denko has a 100,000 mt/year caustic soda plant in Kawasaki, eastern Japan.
According to Platts data, the FOB Singapore 380 CST high sulfur fuel oil price averaged $659.64/mt in July, compared with $479.57/mt in January.
