1、 Price trend
According to the commodity analysis system of Shengyi Society, the price of caustic soda has been running weakly this week. The average market price at the beginning of the week was around 1002 yuan/ton, and the average market price over the weekend was 980 yuan/ton, a decrease of 2.2% and an increase of 18.93% compared to last year. On December 15th, the chemical index was 839 points, unchanged from yesterday, a decrease of 40.07% from the highest point of 1400 points during the cycle (October 23, 2021), and an increase of 40.30% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to the period from December 1, 2011 to present)
2、 Market analysis
According to the commodity analysis system of Shengyi Society, the price of caustic soda has been weak this week. The price of caustic soda in Shandong region is weak and declining, with the mainstream market price of 32% ion-exchange membrane alkali being around 870-970 yuan/ton. The price of caustic soda in Jiangsu region is weak, with the mainstream market price of 32% ion-exchange membrane alkali being around 950-1050 yuan/ton. The price of caustic soda in Inner Mongolia region is temporarily stable, with the mainstream market price of 32% ion-exchange membrane alkali being around 2800-2900 yuan/ton (converted to 100%). This week, as the main downstream procurement prices have declined, affecting the market atmosphere, caustic soda prices have also declined. Downstream purchases are mainly based on demand, and the industry is mainly observing and observing.
According to the price monitoring of Shengyi Society, in the 50th week of 2024 (12.9-12.13), there were 0 products with rising prices, 1 product with falling prices, and 5 products with zero rising and falling prices in the chlor alkali industry price list. The main commodity experiencing a decline is caustic soda (-2.20%). The average increase or decrease this week is -0.37%.
Business Society analysts believe that in the near future, caustic soda prices have been weak, the alumina industry has been fluctuating, and non aluminum industry demand has been weak. Downstream consumers are mainly cautious and watching, and the supply-demand game is comprehensive. It is expected that caustic soda will maintain a weak operating market in the later stage, depending on downstream market demand.
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