SunSirs: The Price of Caustic Soda Fell on May 17
May 18 2022 13:53:49     SunSirs (John)Price trend
According to the survey data of the business society, the price of caustic soda has dropped slightly. On the 17th, the company lowered the price of 32% ionic membrane alkali for alumina by 30 RMB/ton.
Analysis review
The overall inventory in Shandong was not high, and the downstream was mostly purchased on demand. The downstream market was in a strong wait-and-see mood.
Market outlook
It is comprehensively expected that the price of caustic soda will continue to consolidate slightly in the near future, depending on the downstream market demand.
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