1、 Price trend
According to the monitoring data of business news agency, the price of caustic soda was stable. From the beginning of the week to the end of the week, the average price of Shandong market was 522.5 yuan / ton, up 6%, and 3.98% over the same period of last year. The commodity index of caustic soda on June 10 was 75.18, unchanged from yesterday, down 63.66% from 206.87 (November 14, 2017), the highest point in the cycle, and up 15.47% from 65.11, the lowest point on October 9, 2020（ Note: period refers to the period from September 1, 2011 to now
2、 Market analysis
This week, the price of caustic soda was adjusted. The price of caustic soda in Shandong has been stable for the time being. At present, the mainstream ex factory price of 32% caustic soda is 490-560 yuan / ton, and the downstream demand is slightly better than before. The downstream alumina supports liquid caustic soda in the near future, and the price of caustic soda rises in the near future. Now the caustic soda manufacturers adjust their prices according to their own situation, and it is predicted that the caustic soda will be mainly operated in a narrow range in the future. In Hebei area, the market of caustic soda mainly fluctuates in a narrow range. At present, the mainstream ex factory price of 32% caustic soda is 480-650 yuan / ton, and it is expected that caustic soda will continue to be consolidated in the future.
Downstream: due to the low level of alumina caustic soda inventory in the downstream last week, the market demand is strong, caustic soda manufacturers are actively shipping, and the trading atmosphere is acceptable. There was a good demand for caustic soda, which had a positive impact on the market. The delivery of caustic soda was smoother than before, and the price went up. This week, there is still inventory demand for downstream alumina, but there are signs of increasing supply of caustic soda manufacturers. At this stage, the price of caustic soda is running in a consolidation market.
According to the price monitoring of the business community, in the 22nd week of 2021 (5.31-6.4), there were 2 kinds of commodities that rose, 1 kind of commodities that fell, and 2 kinds of commodities that rose or fell to 0. The main commodities rising were caustic soda (6.00%) and light soda (4.34%); The main commodities falling were calcium carbide (- 4.67%). The average rise and fall this week was 1.13%.
Business analysts believe that in the near future, due to the inventory demand of alumina enterprises in Shandong, the market demand is stronger than before. But now the supply of caustic soda enterprises is rising, and other regions mainly wait and see. It is expected that caustic soda will continue to be consolidated and operated in the future, depending on the downstream market demand.