According to the monitoring data of business agency, the price of flake alkali was consolidated this week. The average market price at the beginning of the week was 5833.33 yuan / ton, and the average market price at the weekend was about 5975 yuan / ton, with a price increase of 2.43%. At present, the domestic flake alkali market basically maintains a stable trend.
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Upstream caustic soda
According to the monitoring data of business agency, the price of caustic soda went up. At the beginning of the week, the market price in Shandong was 1410 yuan / ton, and the average market price in Shandong was 1502.5 yuan / ton at the weekend. The price increased by 6.56%, and the price increased by 202.01% compared with the same period last year. On October 14, the caustic soda commodity index was 211.87, unchanged from yesterday, hitting a record high in the cycle, up 225.40% from the lowest point of 65.11 on October 9, 2020. (Note: the period refers to the period from September 1, 2011 to now)
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According to the business agency, due to the shortage of caustic soda supply due to limited production and electricity, the shortage of caustic soda supply supports the rise of flake alkali price to a certain extent. In general, the flake alkali price may continue to consolidate the operation market in the short term, depending on the downstream market demand.
Business analysts believe that the domestic flake alkali market has maintained a stable trend. The supply of caustic soda is tight, while the demand for alumina in the downstream is relatively positive. In general, the price of flake soda may continue to consolidate the operation market in the short term, depending on the demand of the downstream market.
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