1、 Price trend

According to the monitoring data of business agency, the price of caustic soda was consolidated and operated. At the beginning of the week, the average market price in Shandong was about 1254 yuan / ton, and at the end of the week, the average market price in Shandong was 1258 yuan / ton. The price rose slightly by 0.32%, and the price rose 140.77% compared with the same period last year. On June 19, the caustic soda commodity index was 181.01, unchanged from yesterday, down 31.82% from the highest point of 265.47 in the cycle (2021-10-27), and up 178.01% from the lowest point of 65.11 on October 9, 2020. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

According to the survey data of the business agency, the domestic caustic soda price was consolidated this week. The price of caustic soda in Shandong is stable and dynamic. At present, the average market price in Shandong is about 1180-1280 yuan / ton. The mainstream factory price of 32% liquid caustic soda in Hebei is about 1250-1450 yuan / 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.

According to the price monitoring of the business community, in the 24th week of 2022 (6.13-6.17), there were 2 kinds of commodities rising, 3 kinds of commodities falling, and 0 kind of commodities rising or falling to zero in the price list of chlor alkali industry. The main commodities rising are: light soda ash (0.34%), caustic soda (0.32%); The main commodities falling were hydrochloric acid (-4.35%), calcium carbide (-2.12%) and PVC (-2.00%). The average rise and fall this week was -1.56%.

Analysts from the business community 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.