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SunSirs: caustic soda prices rose as a whole in April

May 06 2022 10:20:24     

1、 Price trend

According to the monitoring data of SunSirs, the price of caustic soda first rose and then fell in April, with an overall upward trend. At the beginning of the month, the average price of Shandong market was 1124RMB / ton, and at the end of the month, the average price of Shandong market was about 1274 RMB / ton, with a price increase of 13.35%, and the price increased by 178.47% compared with the same period last year., 2、 Market analysis

In the middle and early ten days of April, the price of caustic soda rose, and the price of caustic soda mainly operated well. Some caustic soda enterprises had little pressure on load reduction and inventory in the near future. The downstream had good enthusiasm for recent trading and investment, which was affected by public health events and transportation. Some caustic soda enterprises have little inventory pressure in the near future, so they start to operate with reduced load. At the end of April, the price of caustic soda was stable and dynamic. The market trading atmosphere is general, and the downstream purchases more on demand. Due to the impact of public health events and poor transportation, in terms of demand, the price of alumina alkali in Shandong began to be reduced by 30 RMB on the 26th, and 1170 RMB / ton was implemented. The market was bearish.

According to the price monitoring of the SunSirs, in the 17th week of 2022 (4.25-4.29), there were 2 kinds of commodities rising, 3 kinds of commodities falling and 0 kinds of commodities rising or falling. The main commodities rising were hydrochloric acid (4.84%), light soda ash (2.38%); The main commodities falling were PVC (- 2.14%), caustic soda (- 1.24%) and calcium carbide (- 0.83%). Both rose or fell by 0.6% this week..

SunSirs believe that in the near future, the overall price of caustic soda is stable and small. The manufacturers adjust their quotation flexibly according to themselves, and the manufacturer's transportation is affected by public events. The recent demand of the downstream is general, and the enterprises focus on multi-dimensional and stable wait-and-see. It is comprehensively expected that the follow-up or overall operation of caustic soda is mainly based on the downstream market demand.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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