On August 2nd, the price of caustic soda in Jiangsu Province remained stable, with a mainstream market price of around 860-940 RMB/ton for 32% ion exchange membrane alkali. Downstream demand is expected to remain stable in the near future, and it is expected that the market will remain relatively stable in the later period.
On August 2nd, the price of caustic soda in Hubei Province remained stable, with a mainstream market price of around 970-1050 RMB/ton for 32% ion exchange membrane alkali. Downstream demand is expected to remain stable in the near future, and it is expected that the market will remain relatively stable in the later period.
On August 2nd, Shandong Binhua's 32% caustic soda quotation was executed at 785 RMB/ton, unchanged from the previous trading day. The company's shipments were still acceptable, and actual transactions were mainly discussed.
Downstream caustic soda is mostly purchased on demand, and it is expected that consolidation will be the main focus in the later stage.
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