1、 Price trend

According to the monitoring data of business agency, the price of caustic soda is running well this week. At the beginning of the week, the average price of Shandong market is 1038 yuan / ton, and at the end of the week, the average price of Shandong market is about 1082 yuan / ton. The price increases by 4.24%, and the price increases by 120.82% compared with the same period last year. On March 24, the caustic soda commodity index was 155.68, up 2.87 points from yesterday, down 41.36% from the highest point 265.47 in the cycle (2021-10-27), and up 139.10% from the lowest point 65.11 on October 9, 2020. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

Caustic soda prices are running better this week. At present, the average market price in Shandong is about 900-1120 yuan / ton. The mainstream ex factory quotation of 32% liquid alkali in Hebei is about 1100-1250 yuan / ton. Some caustic soda enterprises have little inventory pressure in the near future, and the downstream demand is OK.

According to the price monitoring of the business society, in the price rise and fall list of chlor alkali industry in the 11th week of 2022 (3.14-3.18), there were 3 kinds of commodities rising, 1 kind of commodity falling and 1 kind of commodity rising or falling to 0. The main commodities rising are: hydrochloric acid (7.33%), calcium carbide (0.74%), caustic soda (0.60%); The main commodities falling were PVC (- 1.54%). The average rise and fall this week was 1.42%.

Business analysts believe that in the near future, the price of caustic soda is mainly running well this week, and some caustic soda enterprises have little inventory pressure in the near future, and the downstream demand is OK. It is comprehensively expected that the subsequent large, stable and small dynamic market operation of caustic soda is mainly based on the downstream market demand.