Price trend

According to the commodity analysis system of SunSirs, the price of flake caustic soda had been consolidating this week. On December 4th, the average market price in Shandong was 3,683.33 RMB/ton, and on December 11th, the average market price was 3,666.67 RMB/ton, a decrease of 0.45% and a decrease of 23.34% compared to the same period last year.

Upstream caustic soda

According to the commodity analysis system of SunSirs, the price of caustic soda was weak this week. At the beginning of the week, the average market price in Shandong was 844 RMB/ton. On December 11th, the average market price was around 824 RMB/ton, a decrease of 2.37%, and a decrease of 25.63% compared to the same period last year.

Market outlook

SunSirs’ analysts believe that the price of flake caustic soda had been consolidating this week, and the actual trading atmosphere had weakened compared to the previous period. Downstream market entry enthusiasm was cautious. The supply-demand gamed, overall, the price of flake caustic soda may maintain a consolidation trend in the short term, depending on downstream market demand.

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