SunSirs: The Price of Flake Caustic Soda Fell This Week (March 6-10)
March 13 2023 14:15:42 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of flake caustic soda was weak this week. The average market price at the beginning of the week was 3,733.33 RMB/ton, and the average market price at the weekend was 3,500 RMB/ton. The price fell 6.25%, and down 15.32% year on year. This week, the market remained weak.
Upstream caustic soda
According to the survey data of SunSirs, the domestic caustic soda price fell this week. As of the 10th, the average market price of caustic soda in Shandong was about 800-870 RMB/ton. The ex-factory price of 32% of the mainstream liquid caustic soda in Hebei was about 850-1,150 RMB/ton. The price of caustic soda in the site was weak. The overall supply of caustic soda was relatively sufficient, the downstream demand was less than expected, the intra-field trading atmosphere was weak, and there was lack of favorable factors to support, and the downstream was cautious.
Market outlook
The analysts of SunSirs believe that the market for flake caustic soda was weak, the market trading atmosphere was general, the downstream demand was weak, and the wait-and-see mentality was dominant, and the enthusiasm for entering the market was general. The operators were cautious and the price center continued to decline. The supply of low-price goods in the market increased and lacked the support of favorable factors, In general, the price of flake caustic soda may be weak in the short term, depending on the downstream market demand.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
- 2024-04-16 SunSirs: This Week, the Prices of Flake Caustic Soda Were Consolidating (April 7-12)
- 2024-04-02 SunSirs: The Overall Price of Flake Caustic Soda Increased in March
- 2024-03-29 SunSirs: On March 27th, the Price of Flake Caustic Soda Was Consolidating
- 2024-03-20 SunSirs: The Price of Flake Caustic Soda Slightly Increased This Week (March 11-18)
- 2024-03-12 SunSirs: The Price of Flake Caustic Soda Increased This Week (March 4-8)
