1、 Price trend
According to the monitoring data of business news agency, the price of caustic soda went up. At the beginning of the week, the average price of Shandong market was about 470 yuan / ton. At the end of the week, the average price of the market was 490 yuan / ton, up 4.26%, and down 0.51% compared with the same period last year. On May 27, the commodity index of caustic soda was 69.42, unchanged from yesterday, down 66.44% from 206.87 (2017-11-14), the highest point in the cycle, and up 6.62% 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. At present, the mainstream ex factory price of 32% caustic soda in Shandong Province is 460-490 yuan / ton, and the downstream delivery is acceptable. It is expected that caustic soda will still operate in a 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 470-610 yuan / ton, with a strong wait-and-see atmosphere. It is expected that caustic soda will continue to operate with small fluctuation in the future.
Downstream: due to the low alumina caustic soda inventory in the downstream this week, there was a good demand for caustic soda, which had a positive impact on the market. The delivery of caustic soda was smoother than before, and the price went up.
According to the price monitoring of business community, in the 20th week (5.17-5.21) of 2021, there were 0 kinds of commodities rising, 2 kinds of commodities falling, and 3 kinds of commodities falling to 0. The main commodities falling were calcium carbide (- 0.35%) and PVC (- 0.14%). This week’s average rise or fall was – 0.1%.
Business analysts believe that recently, due to the inventory demand of alumina enterprises in Shandong, this week’s demand for caustic soda is acceptable. But now the overall inventory of caustic soda enterprises is sufficient, and other areas mainly wait and see. 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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