October 23 Domestic caustic soda continues to rise

Domestic caustic soda continued to rise, according to the business community Survey data, October 23, the domestic market average price of 1365.56 yuan/ton, a daily increase of 4.69%, up 119.29% last year. October 22, the caustic Soda Commodity index was 187.69, flat with October 21, a record high in the cycle, up 156.16% from the 73.27 point on the March 29, 2015 lows. (Note: Period refers to 2011-09-01 to present)

 

Shandong region quotes continue to rise, 32% ionic membrane alkali mainstream price in 1330-1360 yuan/ton, the increase of 50 yuan/ton on October 22, the actual deal to negotiate mainly, shipping situation is good, expected later prices will continue to maintain a rising trend. South China 32% Ion film 1400 yuan/ton or so. Jiangsu Area 32% Ion film 1300-1350 Yuan/ton. The rest of the country maintained a high level of operation.

Sulfamic acid 99.50%

 

Business community analysts think: the liquid alkali Enterprise installation rate downward obvious, enterprise installation is insufficient, market supply is tight, the market tightening is leading to the continued rise in the price of caustic soda, and downstream paper, alumina and other high demand for caustic soda a favorable support, the price of caustic soda continued to rise.

 

Recently, the price of caustic soda continued to rise, can be used “rally gratifying” said it is not too, and downstream demand is better recently. Comprehensive expected late-stage caustic soda prices or still there is a rise in prices, or around 1300-1400 yuan/ton of consolidation.

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