SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Home > Caustic soda News > News Detail
Caustic soda News
SunSirs: Caustic Soda Prices Fell This Week (May 13-20)
May 20 2022 15:21:24SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the price of caustic soda was down. The average price in Shandong market at the beginning of the week was about 1,300 RMB/ton, and the average market price in Shandong at the weekend was 1,272 RMB/ton, the price fell 2.15%, and the price increased by 178.03% compared with the same period last year.

On May 19, the caustic soda commodity index was 183.02, a decrease of 1.15 points from previous day, a decrease of 31.06% from the highest point in the cycle of 265.47 points (2021-10-27), and an increase of 181.09% from the lowest point of 65.11 points on October 9, 2020. (Note: The cycle refers to 2011-09-01 to the present)

Analysis review

According to the survey data of SunSirs, the price of domestic caustic soda was mixed this week. The price of caustic soda in Shandong was slightly lowered, and the average market price in Shandong was about 1,200-1,300 RMB/ton. The mainstream ex-factory quotation of 32% liquid caustic soda in Hebei was around 1,300-1,500 RMB/ton. The supply of enterprises was relatively stable. After the price of caustic soda was lowered, the downstream enterprises were mainly in a wait-and-see attitude. The wait-and-see mood in the field was heavier, and the downstream purchasing capacity was limited.

According to the price monitoring of SunSirs, in the 19th week of 2022 (5.9-5.13), there were 1 commodity that rose in the price change list of the chlor-alkali industry, 1 commodity fell, and a total of 3 commodities unchanged. The main commodities that rose were: calcium carbide (7.32%); the main commodities that fell were: PVC (-0.91%).The average gain this week was 1.28%.

Market outlook

The analyst of SunSirs believes that the overall supply of caustic soda has not changed much in the near future. The downstream alumina is mainly stable, and more purchases are based on demand. The overall demand is limited. It is comprehensively expected that caustic soda will be mainly in a consolidation market in the future, depending on the downstream market demand.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products