1、 Price trend

According to monitoring data from Business Society, the price of caustic soda has increased after the holiday. The average price in the Shandong market was 833 yuan/ton at the beginning of the week, and around 891 yuan/ton on Sunday. The overall price increased by 6.96%, but decreased by 12.39% compared to the same period last year.

2、 Market analysis

According to survey data from Business Society, the overall price of caustic soda has increased after the holiday. Currently, the price of caustic soda in Jiangsu region is on the rise, with the mainstream market price of 32% ion exchange membrane alkali being around 920-980 yuan/ton. The price of caustic soda in Shandong region is rising, and the downstream main procurement has increased by about 50 yuan/ton. The mainstream market price of 32% ion membrane alkali is around 860-950 yuan/ton.

After the holiday, caustic soda manufacturers will adjust their quotations flexibly according to their own needs. After the holiday, the expected maintenance of chlor alkali facilities in Shandong region, coupled with the low liquid chlorine market, has led to a decline in profits for chlor alkali enterprises, causing caustic soda manufacturers to raise prices. In the short term, the domestic price of alumina continues to show a stable to strong trend, and the production lines of alumina plants maintain high load production for a long time, resulting in good demand for caustic soda and driving up the price of caustic soda.

Business analysts believe that in the near future, the price of caustic soda has been on the rise, indicating a trend in the market. At present, the inventory of caustic soda plants is low, the number of maintenance enterprises in the main production areas is increasing, and the downstream demand for alumina is good. It cannot be ruled out that there may be a price increase in the market. Overall, it is expected to operate mainly in the later stage or increase, depending on downstream market demand.