Caustic soda is a pretty basic chemical used in everything from soap to ice cream. So why are buyers and sellers fighting over how much it is worth?
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.
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