Caustic soda market continued to stabilize (5.10-5.14)

1、 Price trend

According to the monitoring data of the business association, the price of caustic soda is mainly stable. The average price of the market from the beginning of this week to Shandong is about 457.5 yuan / ton, which is 6.15% lower than that of the same period last year. The commodity index of caustic soda on May 13 was 65.83, unchanged from yesterday, down 68.18% from 206.87 (2017-11-14), the highest point in the cycle, and up 1.11% 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

Caustic soda fluctuates in a narrow range, and the market operation is dominant. The price of caustic soda in Shandong Province is weak, and the mainstream ex factory price of 32% caustic soda is 400-490 yuan / ton. The company’s shipment is tepid, the downstream receiving situation is light and stable, and the wait-and-see atmosphere is strong. It is expected that caustic soda will continue to operate with small fluctuation in the future. In Hebei area, the market of caustic soda fluctuates mainly in a narrow range. At present, the mainstream ex factory price of 32% caustic soda is 460-590 yuan / ton. The company’s shipment is general, and the downstream receiving situation is light and stable, with a strong wait-and-see atmosphere. It is expected that caustic soda will continue to operate with small fluctuation in the future.

Upstream: domestic liquid chlorine market is in consolidation operation. During the week, the shipment of liquid chlorine was not good, and traders and downstream companies had strong intention to lower the price, so the price continued to fall. Downstream: from the downstream of caustic soda to the end of demand, aluminum, paper and other industries adhere to the demand-based procurement, a strong wait-and-see attitude. The price of caustic soda lacks strong support, and the price of caustic soda is weak.

According to the price monitoring of the business community, in the 18th week (5.3-5.7) of 2021, there were 3 kinds of commodities rising, 0 kinds of commodities falling, and 2 kinds of commodities falling to 0. The main commodities that rose were PVC (2.09%), calcium carbide (1.47%) and light soda ash (0.57%); The average rise and fall this week was 0.83%.

Business analysts believe that in the near future, the caustic soda enterprises have sufficient inventory, the shipment is tepid, the downstream receiving situation is weak and stable, and the wait-and-see atmosphere is strong. It is expected that caustic soda will continue to be consolidated and operated in the future, depending on the downstream market demand.

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