1. Price trend

According to the commodity analysis system of SunSirs, the price of caustic soda was temporarily stable last week. The average market price from the beginning of last week to the weekend was 885 RMB/ton, up 11.74% year-on-year.

2. Market analysis

According to the commodity analysis system of SunSirs, the price of caustic soda was temporarily stable last week. In Shandong, the mainstream market price of 32% ion membrane caustic soda was about 840-930 RMB/ton, the price of caustic soda in Jiangsu was stable, and the mainstream market price of 32% ion membrane caustic soda was about 930-980 RMB/ton, and the price of caustic soda in Inner Mongolia was temporarily stable, and the mainstream market price of 32% ion membrane caustic soda was about 2750-2850 RMB/ton (100 RMB off).

During the week, the market of liquid caustic soda in Shandong was stable with small fluctuations. Alumina was mostly purchased on demand, and non-aluminum delivery slowed down significantly. The overall low-degree caustic soda market was mainly based on early orders, and there was no favorable support for the price of caustic soda.

Analysts from SunSirs believe that in the near future, the price of caustic soda has been temporarily stable. The recent domestic downstream demand is general, which supports the consolidation of caustic soda prices. Based on the comprehensive supply and demand game, it is expected that caustic soda will maintain a strong trend in the future, depending on the downstream market demand.

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