1、 Price trend

According to the monitoring data of the business community, the price of caustic soda is weak. At the beginning of the week, the average market price in Shandong is about 1164 yuan / ton, and at the weekend, the average market price in Shandong is 1100 yuan / ton. The price is reduced by 5.5%, and the price is 76.71% higher than the same period last year. On July 21, the caustic soda commodity index was 158.27, down 1.73 points from yesterday, down 40.38% from the highest point 265.47 in the cycle (2021-10-27), and up 143.08% from the lowest point 65.11 on October 09, 2020. (Note: the period refers to 2011-09-01 to now)

2、 Market analysis

According to the survey data of the business community, the domestic caustic soda price was weak this week. At present, the average market price in Shandong is about 1030-1130 yuan / ton. The mainstream ex factory quotation of 32% liquid caustic soda in Hebei is about 1100-1250 yuan / ton. At present, the overall market atmosphere is weak, and downstream enterprises mainly take a wait-and-see attitude. Enterprises generally ship goods, with heavy on-site wait-and-see mood, and the downstream receiving capacity is limited. The overall trading is weak.

According to the price monitoring of the business community, in the 28th week of 2022 (7.11-7.15), there were 0 kinds of commodities rising, 5 kinds of commodities falling and 0 kinds of commodities rising or falling. The main commodities that fell were hydrochloric acid (-12.82%), PVC (-5.13%) and caustic soda (-2.50%). The average rise and fall this week was -4.31%.

Business analysts believe that recently, the price of caustic soda is weak, the wait-and-see attitude of downstream alumina is obvious, most of which are purchased on demand, and the overall demand is limited. The market trading atmosphere continues in the early stage. It is comprehensively expected that the subsequent weak market operation of caustic soda is mainly based on the downstream market demand.