1、 Price trend

According to the commodity analysis system of Shengyi Society, the price of caustic soda has been running weakly this week. The average market price at the beginning of the week was around 1021 yuan/ton, and the average market price over the weekend was 1008 yuan/ton, a decrease of 1.27% and a year-on-year increase of 19.43%. On December 8th, the chemical index was 847 points, unchanged from yesterday, down 39.50% from the highest point of 1400 points during the cycle (2021-10-23), and up 41.64% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to the period from December 1, 2011 to present)

2、 Market analysis

According to the commodity analysis system of Shengyi Society, the price of caustic soda has been weak this week. The price of caustic soda in Shandong region is weak, with a downward trend of 10-20 yuan/ton. The mainstream market price of 32% ion membrane alkali is around 950-1040 yuan/ton. The price of caustic soda in Jiangsu region is weak, with the mainstream market price of 32% ion membrane alkali being around 1000-1080 yuan/ton. The price of caustic soda in Inner Mongolia region is temporarily stable, with the mainstream market price of 32% ion membrane alkali being around 2800-2900 yuan/ton (converted to 100 yuan). This week, as the main downstream procurement prices have declined, affecting the market atmosphere, caustic soda prices have also declined. Downstream purchases are mainly based on demand, and the industry is mainly observing and observing.

According to the price monitoring of Shengyi Society, in the 49th week of 2024 (12.2-12.6), there were 0 products that rose, 4 products that fell, and 2 products that rose or fell zero in the chlor alkali industry price list. The main commodities experiencing a decline are PVC (-2.30%), calcium carbide (-1.72%), and caustic soda (-1.27%).

Business analysts believe that in the near future, the price of caustic soda has been weak, and the demand for non aluminum industries has been weak. Downstream companies are mainly cautious and watching, and the supply-demand game is comprehensive. It is expected that caustic soda will maintain a weak operating market in the later stage, depending on downstream market demand.