1、 Price trend
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According to the monitoring data of business society, the price of caustic soda was weak this week. At the beginning of the week, the average price of Shandong market was 1087.5 yuan / ton, and at the weekend, the average price of Shandong market was about 1022.5 yuan / ton. The price fell by 5.98%, and the price increased by 121.08% compared with the same period last year. On March 3, the caustic soda commodity index was 147.12, down 4.32 points from yesterday, down 44.58% from the highest point 265.47 in the cycle (2021-10-27), and up 125.96% from the lowest point 65.11 on October 9, 2020. (Note: the period refers to the period from September 1, 2011 to now)
2、 Market analysis
Caustic soda prices are weak this week. The average price in Shandong is about 1050-900 tons / market. The mainstream ex factory quotation of 32% liquid alkali in Hebei is about 870-1200 yuan / ton. The market supply pressure is large, and the shipment of enterprises is slower than before.
According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 8th week of 2022 (2.21-2.25), there were 1 kind of goods rising, 2 kinds of goods falling and 2 kinds of goods falling to 0. The main commodities rising are: hydrochloric acid (1.53%); The main commodities falling were caustic soda (- 2.43%) and PVC (- 2.31%). The average rise and fall this week was – 0.64%.
Business analysts believe that recently, the inventory pressure of caustic soda manufacturers is large, the demand of downstream alumina enterprises is weaker than before, and the demand of downstream alumina is general. It is comprehensively expected that the follow-up weak operation of caustic soda is mainly based on the demand of downstream market.
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