According to the monitoring data of the business community, the price of flake caustic soda rose overall in October. The average market price of flake caustic soda at the beginning of the month was 4666.67 yuan/ton, and the average market price at the end of the month was about 4883.33 yuan/ton. The price rose 4.64%, down 16.17% compared with the same period last year. Now the domestic flake alkali market is consolidating.
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Upstream caustic soda
According to the monitoring data of the business community, the price of caustic soda fell in October as a whole. At the beginning of the month, the average price in the Shandong market was 1238 yuan/ton, and at the end of the month, the average price in the Shandong market was about 1140 yuan/ton. The price fell 7.92%, and the price rose 33.04% compared with the same period last year. According to the survey data of the business community, the domestic caustic soda price is now down. At present, the average market price in Shandong is about 1100-1200 yuan/ton. The factory quotation of 32% liquid caustic soda mainstream in Hebei is about 1170-1300 yuan/ton.
Analysts from the business community believe that the price of flake caustic soda market has been consolidated and operated in the near future, maintaining the early trend, and the market trading is relatively moderate. In general, the price of flake caustic soda may be maintained in the short-term or consolidation operation, depending on the downstream market demand.
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