According to the commodity analysis system of Business Society, the price of caustic soda has been consolidating this week. On December 4th, the average market price in Shandong was 3683.33 yuan/ton, and on December 11th, the average market price was 3666.67 yuan/ton, a decrease of 0.45% and a decrease of 23.34% compared to the same period last year.

Upstream caustic soda

According to the commodity analysis system of Business Society, the price of caustic soda was weak this week. At the beginning of the week, the average market price in Shandong was 844 yuan/ton. On December 11th, the average market price was around 824 yuan/ton, a decrease of 2.37%, and a decrease of 25.63% compared to the same period last year.

Business Society analysts believe that the price of caustic soda has stabilized this week, and the actual trading atmosphere has weakened compared to the previous period. Downstream market entry enthusiasm is cautious. The supply-demand game, taking into account the short-term or sustained consolidation of caustic soda prices, depends on downstream market demand.