1、 Price trend

According to the monitoring data of the SunSirs, the price of caustic soda was consolidated and operated. At the beginning of last week, the average market price in Shandong was about 1254 RMB/ton. At the weekend, the average market price in Shandong was 1258 RMB/ton. The price rose slightly by 0.32%, and the price rose 140.77% compared with the same period last year.

2、 Market analysis

According to the survey data of the SunSirs, the domestic caustic soda price was consolidated last week. The price of caustic soda in Shandong is stable and dynamic. At present, the average market price in Shandong is about 1180-1280 RMB/ton. The mainstream factory price of 32% liquid caustic soda in Hebei is about 1250-1450 RMB/ton. As a whole, the supply of the enterprise was not started, the price of caustic soda was consolidated and operated, and the downstream enterprises mainly took a wait-and-see attitude. The enterprise delivers goods in general, has a heavy wait-and-see mood on the site, and has limited downstream receiving capacity.

Analysts from the SunSirs believe that in the near future, the price of caustic soda has been consolidated and the wait-and-see attitude of downstream alumina is obvious. Most of the alumina is purchased on demand. The overall demand is limited, and there is a possibility of price reduction. It is comprehensively estimated that the subsequent consolidation of caustic soda will be dominated, depending on the downstream market demand.

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