The caustic soda price of this week is temporarily stable (8.8-8.12)

1、 Price trend

 

Benzalkonium chloride

According to the monitoring data of the business agency, the price of caustic soda is temporarily stable. From the beginning of the week to the end of the week, the average market price in Shandong is 1080 yuan / ton, with an increase of 66.8% over the same period last year. On August 14, 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 the business agency, the domestic caustic soda price is temporarily stable 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. The market maintained a weak and stable trend, and the downstream enterprises mainly took 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. Due to the price reduction, the manufacturer is willing to support the price.

 

Sodium Molybdate

According to the price monitoring of the business association, in the 32nd week of 2022 (8.8-8.12), there were 0 rising commodities, 2 falling commodities and 3 rising and falling commodities in the price rise and fall list of chlor alkali industry. The main commodities falling were PVC (- 1.96%) and light soda ash (- 0.37%). This week’s average increase or decrease was -0.47%.

 

The analysts of the business community believe that in the near future, the price of caustic soda has been adjusted and operated. Due to the price reduction, the manufacturers have the intention to support the price. The downstream alumina has an obvious wait-and-see attitude. It is mainly purchased on demand, and the overall demand is limited. It is comprehensively expected that the subsequent weak adjustment of caustic soda will be mainly operated, depending on the downstream market demand.

http://www.lubonchem.com/

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