I. Price trend

According to the commodity analysis system of SunSirs, the price of caustic soda remained strong on May 29, with the average market price of about 885 RMB/ton, up 0.45% from yesterday.

II. Market analysis

According to the commodity analysis system of SunSirs, the price of caustic soda is rising. The price of caustic soda in Shandong area, the mainstream market price of 32% ion membrane caustic soda is about 810-920 RMB/ton, the price of caustic soda in Jiangsu area is stable, the mainstream market price of 32% ion membrane caustic soda is about 920-980 RMB/ton, the price of caustic soda in Inner Mongolia area is temporarily stable, the mainstream market price of 32% ion membrane caustic soda is about 2750-2850 RMB/ton (100 RMB off).

The inventory of caustic soda enterprises remains relatively low, and the main downstream demand of caustic soda has increased compared with before. Shandong liquid caustic soda is expected to maintain a consolidation market, and the overall inventory pressure of caustic soda is not great. Non-aluminum industries mainly purchase on demand.

Analysts of SunSirs believe that in the near future, the price of caustic soda has been running strong, and the recent domestic downstream demand is still good, which supports the strong operation of caustic soda prices. The game of supply and demand is comprehensive and it is expected that caustic soda will maintain a strong operation in the later period, depending on the downstream market demand.

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