1、 Price trend

According to monitoring data from Business Society, the overall caustic soda market remained strong in August. At the beginning of the month, the average price of caustic soda in Shandong region was 861 yuan/ton, and at the end of the month, the price of caustic soda in Shandong region was 884 yuan/yuan, an increase of 2.67%, which is 7.41% higher than the same period last year. On August 28th, the Business Social Chemical Index was 771 points, a decrease of 1 point from yesterday, a decrease of 44.93% from the highest point of 1400 points during the cycle (2021-10-23), and an increase of 28.93% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to the period from December 1, 2011 to present)
2、 Market analysis
According to the survey data from Shengyi Society, the overall price of caustic soda has remained strong in the market. The price of caustic soda in Shandong region is around 840-910 yuan/ton in the mainstream market of 32% ion-exchange membrane alkali. The price of caustic soda in Jiangsu region is stable, and the mainstream market price of 32% ion-exchange membrane alkali is around 870-950 yuan/ton. The price of caustic soda in Inner Mongolia region is temporarily stable, and the mainstream market price of 32% ion-exchange membrane alkali is around 2700-2800 yuan/ton (converted to 100 yuan). The price of caustic soda has risen this month, and in the Shandong region, the price of caustic soda has increased. The pre maintenance equipment has not been restored yet, and the inventory pressure of the enterprise is not high. The prices of liquid alkali purchased by major downstream enterprises have increased, and the prices of liquid alkali in the region have risen. Alumina is mostly purchased on demand, while non aluminum receiving is mainly purchased on demand.
Business Society analysts believe that in recent times, the price of caustic soda has slightly increased, and the market is running steadily. Domestic downstream demand is still acceptable, and caustic soda companies have little inventory pressure. Downstream inventory companies are expected to undergo maintenance. Next week, maintenance facilities will be restored in the northwest and southwest regions, resulting in an increase in load. In the north and east regions, there will be a reduction in production and a slight increase in load. The comprehensive prediction of supply and demand game is that caustic soda will maintain a stable operation in the later stage, depending on downstream market demand.