1、 Price trend

According to the monitoring data of business agency, the price of caustic soda decreased. At the beginning of the week, the market price in Shandong was 802.5 yuan / ton, and the average market price in Shandong was 785 yuan / ton at the weekend. The price decreased by 2.18%, and the price increased by 60.2% compared with the same period last year.

2、 Market analysis

Caustic soda prices fell this week. The overall start-up of caustic soda is high and the inventory is sufficient. At present, the liquid caustic soda shows a downward trend. The main reason for the downward trend is that the liquid caustic soda inventory of the main alumina plant in Shandong, the main production area, is sufficient and the demand for caustic soda is general. The price of caustic soda in Shandong is weak, and the mainstream ex factory price of 32% caustic soda is about 700-830 yuan / ton. The purchase price of liquid alkali was lowered in the alumina market, and the price of liquid alkali was lowered due to insufficient downstream support.

Downstream: the alumina support in the downstream of caustic soda is insufficient. At present, alumina enterprises generally purchase caustic soda and constantly exert pressure on caustic soda. The demand for alumina is general, and the shipment of caustic soda enterprises is general.

According to the price monitoring of the business society, in the 48th week of 2021 (11.29-12.3), there were 0 kinds of commodities rising, 5 kinds of commodities falling and 0 kinds of commodities falling. The main commodities falling were caustic soda (- 6.69%), light soda (- 5.54%) and PVC (- 2.71%). The average rise and fall this week was – 3.36%.

Business analysts believe that recently, the overall transaction of caustic soda is weak, the alumina downstream of caustic soda is mainly purchased on demand, the shipment of caustic soda is general, and the market transaction is weak. It is expected that caustic soda will continue to be weak in the future, depending on the downstream market demand.