1、 Price trend

According to the monitoring data of the SunSirs, the price of caustic soda went down. At the beginning of last week, the average market price in Shandong was about 1272 RMB/ton. At the end of last week, the average market price in Shandong was 1250 RMB/ton. The price fell by 1.73%, and the price increased by 159.07% compared with the same period last year.

2、 Market analysis

According to the survey data of SunSirs, the price of domestic caustic soda fell this week. The price of caustic soda in Shandong has been lowered slightly. The average market price in Shandong is about 1150-1250 RMB/ton. The mainstream ex factory quotation of 32% liquid caustic soda in Hebei is about 1200-1400 RMB/ton. The supply of enterprises is relatively stable. After the price of caustic soda has been lowered, downstream enterprises mainly take a wait-and-see attitude. There is little change in the overall trading of the market. The inventory of alumina manufacturers is high, there is a heavy wait-and-see mood in the field, and the downstream receiving capacity is limited.

Analysts from the SunSirs believe that recently, the price of caustic soda has declined, the inventory of downstream alumina raw materials is high, and most of them are purchased on demand. The overall demand is limited. It is comprehensively estimated that the subsequent weak consolidation market operation of caustic soda is mainly based on the downstream market demand.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.