The price of caustic soda in China maintained stable operation on February 26. According to the survey data of business associations, the commodity index of caustic soda on February 25 was 124.22, up 0.48 points from yesterday, down 39.95% from 206.87 points in the cycle (2017-11-14), and up 69.54% from 73.27 points on March 29, 2015. (Note: Period refers to 2011-09-01 to date)

The price of caustic soda in Shandong is stable for the time being. The mainstream price of 32% caustic soda in Shandong is 810-920 yuan/ton. Shandong market traders are flexible in delivering goods, and the overall market turnover is scarce. It is expected that prices will be stable in the near future. The mainstream price of 32% alkali in Jiangsu is 850-910 yuan/ton, which can be negotiated in practice. The transaction is relatively stable. It is expected that the short-term price will run more steadily.

Business analysts believe that the current market demand has not changed much, the supply of caustic soda is relatively stable. The demand situation in downstream areas is general, the market lacks substantial good support, the speed of enterprises’moving goods slows down, and sales are not ideal. At the end of February, the market is waiting for the purchase of alumina enterprises, and some manufacturers reduce prices, and the cost support is insufficient. It is expected that in the near future, the overall consolidation operation will be the main task, specifically looking at the downstream market demand.