Nothing Mysterious About This Commodity Except the Price

Caustic soda is everywhere, used in making paper, soap, ice cream, aluminum and hundreds of other products. It is a classic commodity chemical where price matters more than anything else.

So a bitter fight roiling the industry could be only about one thing: the price of caustic soda. The dispute, which spurred accusations and lawsuits, has drawn attention to a company that has grown through dozens of acquisitions to become a dominant supplier of crucial pricing data.

becuz its is a oligopoly setup with eyes on becoming a cartel.

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Source: CNBC - 🏆 12. / 72 Read more »