Caustic soda price up this week (7.12-7.16)

1、 Price trend

EDTA

According to the monitoring data of business news agency, the price of caustic soda went up. The average price of Shandong market was 555 yuan / ton at the beginning of the week, and 587.5 yuan / ton at the end of the week. The price increased by 5.86% and 15.76% compared with the same period last year. The commodity index of caustic soda on July 15 was 82.01, up 2.15 points from yesterday, down 60.36% from 206.87 (November 14, 2017), the highest point in the cycle, and up 25.96% from 65.11, the lowest point on October 9, 2020( Note: period refers to the period from September 1, 2011 to now

2、 Market analysis

The price of caustic soda went up this week. The price of caustic soda in Shandong is rising, and the mainstream ex factory price of 32% caustic soda is 540-670 yuan / ton. Due to the tight supply of caustic soda due to maintenance by manufacturers, the downstream demand is slightly better than before. Now the caustic soda manufacturers adjust their prices according to their own conditions. It is expected that caustic soda will mainly run in the upward market in the future. The price of caustic soda in Hebei Province is on the rise. At present, the mainstream ex factory price of 32% caustic soda is 600-700 yuan / ton. It is expected that caustic soda will run well in the future.

Downstream: due to the demand of downstream alumina for caustic soda inventory, caustic soda manufacturers are mainly active in shipping, and the trading atmosphere is acceptable. There is a good demand for caustic soda. At present, the price of caustic soda is running well.

According to the price monitoring of business association, in the price rise and fall list of chlor alkali industry in the 27th week of 2021 (7.5-7.9), there are 2 kinds of commodities rising, 0 kinds of commodities falling, and 3 kinds of commodities falling to 0. The main commodities rising were caustic soda (0.95%) and PVC (0.14%); The average rise and fall this week was 0.22%.

Business analysts believe that in the near future, the price of caustic soda in Shandong has risen, and the inventory of caustic soda manufacturers has decreased recently, while the demand for downstream alumina is strong. It is expected that caustic soda will run well in the future, and the downstream market demand will be taken into consideration.

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