Price trend

According to the commodity analysis system of SunSirs, the price of flake caustic soda consolidated on March 27th. On March 26th, the chlor alkali index was 1,007 points, a decrease of 2 points from the previous day, a decrease of 52.68% from the highest point in the cycle of 2,128 points (2021-10-24), and an increase of 41.43% from the lowest point of 712 points on January 5th, 2016. (Note: The cycle refers to 2011-12-01 present)

Upstream caustic soda

According to the commodity analysis system of SunSirs, the price of caustic soda was strongly operating in the market. According to the Commodity Analysis System of SunSirs, domestic caustic soda prices had remained strong this week. The quotation for caustic soda in Shandong region had been consolidated, with 32% of the mainstream market quotation for ion exchange membrane caustic soda being around 800-880 RMB/ton, while the mainstream market price in Jiangsu region was around 880-950 RMB/ton.

Market outlook

Analysts from SunSirs believe that the price of flake caustic soda has stabilized and the price of new orders in the northwest region had recently decreased. Actual demand was limited, and enterprises were actively shipping. Overall, the price of caustic soda may remain being consolidated in the short term, depending on downstream market demand.

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