SunSirs: Domestic Flake Caustic Soda Market Consolidation and Operation

The price of flake caustic soda was consolidated this week. Now the average price of flake caustic soda market was 4783.33 RMB/ton. On December 21, the average price was 4816.67 RMB/ton. The price fell 0.69%, up 36.67% year on year.

Upstream caustic soda

According to the monitoring data of the SunSirs, the price of caustic soda remained in the consolidation operation. On December 28, the price of caustic soda in Shandong Province was stable and slightly changed. The mainstream market quoted about 1070-1160 RMB/ton. The downstream mostly purchased on demand, with a strong wait-and-see mood. It is expected that the consolidation trend will prevail in the later period. The mainstream quotation in Hebei market is 1100-1180 RMB/ton, and the downstream just needs replenishment.

According to the analysts of the SunSirs, the flake alkali market has been consolidated and operated, with a general trading and investment atmosphere. Most downstream enterprises purchase on demand and ship on average. They are mainly wait-and-see, with a general enthusiasm for entering the market. In general, the price of flake alkali is short-term or the consolidation operation is based on the downstream market demand.

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