In February, the price of caustic soda first rose and then fell, and fell at the end of the month

1、 Price trend

 

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According to the monitoring data of business agency, the price of caustic soda first rose and then fell in February and fell at the end of the month. At the beginning of the month, the average price of Shandong market was 917.5 yuan / ton, and at the end of the month, the average price of Shandong market was about 1087.5 yuan / ton. The price was 18.53%, and the price increased by 137.7% compared with the same period last year. On February 27, the caustic soda commodity index was 158.63, unchanged from yesterday, down 40.25% from the highest point of 265.47 in the cycle (2021-10-27), and up 143.63% from the lowest point of 65.11 on October 9, 2020. (Note: the period refers to the period from September 1, 2011 to now)

 

2、 Market analysis

 

The price of caustic soda rose this month. At the beginning of this month, the average price of 32 liquid caustic soda in the mainstream market in Shandong was about 890-1050 yuan / ton. The enthusiasm of downstream enterprises to receive goods has improved, and some caustic soda enterprises have less inventory. It is comprehensively expected that the price of caustic soda will run better in the near future, depending on the demand of the downstream market. Caustic soda prices rose in the middle of the month. At present, the average market price in Shandong is about 1050-1150 yuan / ton. The mainstream ex factory quotation of 32% liquid alkali in Hebei is about 1150-1250 yuan / ton. This is mainly due to the maintenance of the main caustic soda plant, the reduction of inventory and the positive downstream demand. At the end of the month, the price of caustic soda went down. Now the price of caustic soda in Shandong has tended to be flat in the near future. The recent demand of the downstream is mostly purchased on demand, and the mood of receiving goods is general. It is comprehensively estimated that the price of caustic soda is weak in the near future,

 

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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 downstream operation of caustic soda is poor, the demand slows down, and the inventory rises. It is comprehensively expected that the subsequent weak operation of caustic soda is mainly based on the downstream market demand.

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