The price of caustic soda dropped this week (2.6-2.10)

1、 Price trend

 

Sodium Molybdate

According to the monitoring data of the Business News Agency, the price of caustic soda was weak this week. At the beginning of the week, the average market price in Shandong was 1092 yuan/ton. At the end of the week, the average market price in Shandong was 1060 yuan/ton. The price fell 2.93%, and the price rose 7.61% compared with the same period last year. The caustic soda commodity index on February 12 was 152.52, which was the same as yesterday, down 42.55% from the highest point of 265.47 (2021-10-27) in the cycle, and up 134.25% from the lowest point of 65.11 on October 9, 2020. (Note: the period refers to September 1, 2011 to now)

 

2、 Market analysis

 

According to the survey data of the Business Agency, the domestic caustic soda price fell this week. At present, the average market price in Shandong is about 940-1080 yuan/ton. The ex-factory quotation of 32% of the mainstream liquid caustic soda in Hebei is about 1030-1200 yuan/ton. The price of caustic soda in the site is weak. The inventory of the enterprise is relatively sufficient. The downstream of caustic soda is mainly purchased on demand, and the caustic soda lacks favorable support.

 

Benzalkonium chloride

According to the price monitoring of the Business Agency, in the 6th week of 2023 (2.6-2.10), there were 2 commodities that rose, 3 commodities that fell, and 0 commodities that rose or fell. The main commodities rising were: light soda ash (1.10%) and hydrochloric acid (0.65%); The main commodities falling were caustic soda (- 2.93%), PVC (- 0.57%) and calcium carbide (- 0.45%). This week’s average rise and fall was -0.44%%.

 

Analysts from the Business News Agency believe that in the near future, the price of caustic soda has declined, the downstream alumina procurement is general, the trading atmosphere is relatively light, and the inventory of caustic soda enterprises is sufficient. Now, the majority of caustic soda enterprises are based on demand, and it is comprehensively estimated that the latter stage of caustic soda will be dominated by weak operation, depending on the downstream market demand.

http://www.lubonchem.com/

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