SunSirs: The Price of Flake Caustic Soda Was Weak This Week (July 4-11)
July 12 2022 14:01:55 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 4,866.67 RMB/ton, and the average market price at the weekend was 4,766.67 RMB/ton, down 2.05% and 17.82% year-on-year. The domestic flake caustic soda market maintained a weak trend.
Analysis review
According to the monitoring data of SunSirs, the price of caustic soda has been consolidated. The average market price in Shandong at the beginning of the week was about 1,232 RMB/ton, and the average market price in Shandong at the weekend was 1,198 RMB/ton. The price decreased by 2.76%, and the price increased by 124.98% compared with the same period of last year. According to the survey data of SunSirs, the domestic caustic soda price was running weakly this week. The average market price in Shandong was around 1,100-1,230 RMB/ton. The mainstream ex-factory quotation of 32% liquid caustic soda in Hebei was around 1,150-1,350 RMB/ton.
At present, the start-up load of enterprises is relatively high, the inventory of enterprises is high, and the downstream enterprises are mainly in a wait-and-see attitude. The company's shipments are general, and the wait-and-see mood in the field is heavier, and the downstream receiving capacity is limited. Manufacturers offer flexible pricing.
Market outlook
The analyst of SunSirs believes that: the northwest region of China is running weakly, the demand and purchasing atmosphere is relatively light, and the transactions of enterprises are general. In general, the price of flake caustic soda may be sorted out in a short term or weak, depending on the downstream market demand.
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