1、 Price trend

According to the monitoring data of the business community, the price of caustic soda was temporarily stable this week. At the beginning of the week, the average market price in Shandong was 1098 yuan/ton, and at the weekend, the average market price in Shandong was 1096 yuan/ton, down 0.18%, and up 16.6% compared with the same period last year. On November 17, the caustic soda commodity index was 157.70, down 0.29 points from yesterday, down 40.60% from the cycle’s highest point of 265.47 (2021-10-27), and up 142.21% from the lowest point of 65.11 on October 9, 2020. (Note: Period refers to 2011-09-01 to now)

2、 Market analysis

According to the survey data of the business community, the domestic caustic soda price was consolidated this week. At present, the average market price in Shandong is about 1050-1100 yuan/ton. The factory quotation of 32% liquid caustic soda mainstream in Hebei is about 1100-1300 yuan/ton. The price of caustic soda in the market is stuck, and the supply has increased recently. Most enterprises maintain high load production. However, the downstream market is mainly in a wait-and-see mood, and more cautious purchasing is required. The purchasing mood is general, and the market is in a stalemate.

According to the price monitoring of the business community, in the 45th week of 2022 (11.7-11.11), there were 1 rising commodity, 2 falling commodities and 2 zero rising and falling commodities in the price list of chlor alkali industry. The main commodities that rose were: PVC (1.07%); The main commodities falling were calcium carbide (-2.61%) and light soda ash (-0.23%). The average rise and fall this week was -0.35%.

Analysts from the business community believe that in the near future, the price of caustic soda is in a stalemate, and the downstream alumina, viscose staple fiber and other industries are under normal operation, so the purchasing mood is not high. It is mainly wait-and-see operation, cautious purchasing, and the overall support is limited. It is generally expected that caustic soda will be put into operation next week, depending on the downstream market demand.