SunSirs: In December, the Flake Caustic Soda Market Was Consolidated Overall
January 03 2023 14:20:36 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of flake caustic soda in December was generally consolidated. The average market price from the beginning of the month to the end of the month was about 4,783.33 RMB/ton, up 36.67% over the same period last year. The domestic flake caustic soda market was consolidated.
Analysis review
According to the survey data of SunSirs, the domestic caustic soda price was consolidated. The average market price of caustic soda in Shandong was about 1,060-1,160 RMB/ton. The factory quotation of 32% liquid caustic soda mainstream in Hebei was about 1,100-1,200 RMB/ton. The price of caustic soda in the market remained stable and the market trading atmosphere was ordinary. The downstream market was mainly wait-and-see, and mostly purchased on demand. Due to the close of the year, downstream enterprises were stocking up, but the operating rate of chlor alkali plants declined recently, and caustic soda enterprises were more cautious in stocking up.
Market outlook
According to the analysts of SunSirs, the price of flake caustic soda market was consolidated recently, maintaining the early trend. The market trading and investment were relatively ordinary, and the downstream market entry enthusiasm was ordinary. The wait-and-see attitude was dominant. To sum up, the price of flake caustic soda may maintain consolidation operation in the short term, depending on the downstream market demand.
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