SunSirs: The Price of Flake Caustic Soda Rose and Fell in 2022, Showing an Overall Upward Trend-Ⅰ

Price trend

According to the monitoring data of SunSirs, the price of flake caustic soda rose as a whole in 2022. The average market price at the beginning of the year was about 3,500 RMB/ton, and the average market price at the end of the year was 4,783.33 RMB/ton, with an overall increase of 36.67%. The lowest level in the year was about 3,500 RMB/ton in early January, the highest level in the year was about 4,866.67 RMB/ton on June 30, and the maximum amplitude in the year was 39.05%

Upstream caustic soda

According to the survey data of business cooperatives, the price of caustic soda rose and fell in 2022, and fluctuated up and down into waves. According to the data, the price of caustic soda at the beginning of the year was about 1,000 RMB/ton. On December 19, the price was about 1,124 RMB/ton. The price rose by 12.4%, up 43.18% year on year. The lowest point of the year was 917.5 RMB/ton at the beginning of February, the highest point of the year was in the middle of October, the price was about 1,332 RMB/ton, and the maximum amplitude of the year was 45.18%.

Market outlook

Analysts from SunSirs believe that the price of flake caustic soda is mainly stable at this stage, the market trading atmosphere is general, and the downstream mainly purchases on demand. Enterprises have planned to prepare for procurement near the Spring Festival, but the supply and demand of both sides are playing games, and the procurement volume is also relatively limited. It is generally expected that the price of flake caustic soda in January may continue to fluctuate in a narrow range. However, as the weather turns warmer after the year, the starting load of downstream enterprises of flake caustic soda will be increased, and the demand for flake caustic soda may rise. The price may rise, depending on the downstream market demand.

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