1、 Price trend

According to the monitoring data of the business community, the price of caustic soda is in a weak position. At the beginning of the week, the average market price in Shandong was about 1090 yuan / ton. At the end of the week, the average market price in Shandong was 1080 yuan / ton, with a price decrease of 0.92% and a price increase of 66.8% over the same period last year. On August 5, the caustic soda commodity index was 155.40, which was the same as yesterday, down 41.46% from the highest point 265.47 in the cycle (October 27, 2021), and up 138.67% from the lowest point 65.11 on October 9, 2020. (Note: the period refers to September 1, 2011 to now)

2、 Market analysis

According to the survey data of business association, the domestic caustic soda price is weak this week. At present, the average market price in Shandong is about 1030-1100 yuan / ton. The mainstream factory price of 32% liquid alkali in Hebei is about 1090-1250 yuan / ton. At present, the overall market atmosphere is weak, and the downstream enterprises mainly take a wait-and-see attitude. The enterprise’s shipment is general, the on-site wait-and-see mood is heavy, and the downstream receiving capacity is limited. The overall trading is weak.

According to the price monitoring of the business association, in the 30th week (July 25-july 29) of 2022, there were 2 kinds of commodities rising, 2 kinds of commodities falling, and 1 kind of commodities falling to 0 in the price rise and fall list of chlor alkali industry. The main commodities rising were PVC (5.21%) and calcium carbide (0.87%); The main commodities falling were light soda (- 1.40%) and caustic soda (- 0.18%). This week’s average increase or decrease was 0.9%.

Business analysts believe that in the near future, the price of caustic soda is in a weak position, some enterprises are in a negative position, and the wait-and-see attitude of the downstream alumina is obvious. Most of the alumina is mainly purchased on demand, with limited overall demand and dominated by negative factors. It is expected that the subsequent weak market of caustic soda will be mainly operated, and the specific market demand of the downstream market will be seen.