1、 Price trend

According to the monitoring data of the business agency, the price of caustic soda was consolidated. At the beginning of the week, the average market price in Shandong was about 1246 yuan / ton, and at the end of the week, the average market price in Shandong was 1250 yuan / ton, up 0.32% and 139.23% compared with the same period last year. On June 9, the commodity index of caustic soda was 179.86, unchanged from yesterday, down 32.25% from the highest point of 265.47 in the cycle (2021-10-27), and up 176.24% 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

According to the survey data of the business agency, the domestic caustic soda price was consolidated this week. The mainstream price of caustic soda in Shandong is about 1150-1300 yuan / ton. The mainstream ex factory quotation of 32% liquid caustic soda in Hebei is about 1200-1400 yuan / ton. The overall trading of the market has not changed much, and the overall trading has maintained the previous level. There is no inventory pressure for caustic soda enterprises, but alumina manufacturers mostly purchase on demand, so the wait-and-see mood should linger on the site, and the market of liquid caustic soda is stable and small.

According to the price monitoring of the business community, in the 22nd week of 2022 (5.30-6.3), there were 0 rising commodities, 1 falling commodities and 4 rising commodities. The main commodities falling were caustic soda (-0.32%). The average rise and fall this week was -0.06%.

Analysts of the business community believe that recently, the price of caustic soda has been operating steadily and dynamically, the enterprise inventory is not high, and the downstream oxidation is mainly purchased on demand. The two sides play a game between supply and demand. It is comprehensively estimated that the subsequent consolidation of the market of caustic soda will be mainly based on the downstream market demand.