Price trend

According to the Commodity Analysis System of SunSirs, the price of flake caustic soda fell first and then rose this week, and the overall operation was temporarily stable. On June 20th, the average market price was 3,137.5 RMB/ton, while on June 27th, the average market price was 3,137.5 RMB/ton, which remained unchanged and decreased by 35.53% year-on-year. The market remained flat this week.

Upstream caustic soda

According to the Commodity Analysis System of SunSirs, the overall price of caustic soda remained weak this week. On June 20th, the average market price in Shandong was 818 RMB/ton, while on June 27th, the average market price in Shandong was 792 RMB/ton, a decrease of 3.18% and a decrease of 36.74% compared to the same period last year.

Market outlook

Analysts from SunSirs believe that the overall price of flake caustic soda remained stable this week, and the market trading atmosphere was average. Downstream purchased on demand recently, with average enthusiasm for procurement. However, with the impact of device parking and maintenance in the northwest region, market activity had increased. However, the overall acceptance level of downstream was limited. Overall, the price of flake caustic soda may be consolidated in the short term, depending on the demand in the downstream market.

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