This week’s caustic soda market has remained strong (7.14-7.18)

1、 Price trend

Chitosan oligosaccharide

According to the commodity analysis system of Shengyi Society, the price of caustic soda has risen this week. The average market price at the beginning of the week was 861 yuan/ton, and the average market price over the weekend was 863 yuan/ton, with a price increase of 0.23% and a year-on-year increase of 5.5%. On July 17th, the Business Social Chemical Index was 770 points, a decrease of 1 point from yesterday, a decrease of 45.00% from the highest point of 1400 points during the cycle (October 23, 2021), and an increase of 28.76% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to the period from December 1, 2011 to present)
2、 Market analysis
According to the commodity analysis system of Shengyi Society, the price of caustic soda has remained strong this week. The price of caustic soda in Shandong region is around 810-900 yuan/ton in the mainstream market of 32% ion-exchange membrane alkali. The price of caustic soda in Jiangsu region is stable, with a mainstream market price of 870-930 yuan/ton in 32% ion-exchange membrane alkali. The price of caustic soda in Inner Mongolia region is stable, with a mainstream market price of 2700-2800 yuan/ton (converted to 100%) in 32% ion-exchange membrane alkali. From the perspective of Shandong region, the market supply has decreased compared to the previous period, but alumina is mostly purchased on demand, while non aluminum receiving is mainly purchased on demand.
Business Society analysts believe that in recent times, caustic soda prices have been operating strongly. Domestic downstream demand has been average, and caustic soda prices have remained stable. However, downstream demand is expected to increase as equipment maintenance gradually recovers and market supply increases. As prices rise, the downstream market is resistant to the comprehensive forecast of caustic soda maintaining a stable operation in the later stage. The specific situation depends on downstream market demand.

http://www.lubonchem.com/