SunSirs: Caustic Soda is Running Well, but Downstream Purchases are More on-demand
March 30 2023 14:10:10The latest price of caustic soda (3-29): 866 RMB / ton, the market outlook is bullish
Analysis points: the caustic soda market is running well, the market trading atmosphere is acceptable, and the average price of the mainstream market in Shandong is about 830-890 RMB/ton. The downstream demand is still mostly purchased on demand, and the market follow-up is average. However, because the equipment maintenance of chlor-alkali enterprises is relatively concentrated recently, there is good support on the supply side. In the later period, the supply of caustic soda will decrease, and the industry is optimistic about the market outlook.
Market Outlook Forecast: On the whole, the short-term market of caustic soda prices may move well, depending on the downstream market demand.
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