Caustic soda market trend analysis
March 02, 2022
This week, the domestic Caustic Soda Market process fell slightly. According to statistics from the Business Society, the average price of the domestic 32% ion-exchange membrane caustic soda factory at the beginning of the week was 793.33 yuan per ton, and the average price at the weekend was 788.33 yuan per ton, a decrease of 0.63. %. The year-on-year price fell by 0.68%.
The market price of caustic soda this week showed a slight drop. Prices in most parts of the country were relatively stable, and only individual companies lowered their ex-factory prices. The reasons for the downward trend in domestic caustic soda prices this week are as follows: 1. The domestic crude salt market has a relatively high start-up and sufficient market supply. Second, the demand market trend is weak, downstream alumina and other major alkali-consuming industries are generally in demand, and are basically purchased on demand. The demand has not seen an increase trend. Third, some domestic enterprises are in maintenance Water Treatment state, and the supply of caustic soda on the market is decreasing. Therefore, the caustic soda market has a tendency to stabilize.
The market demand for Caustic Soda Flakes 99% has shrunk. The pressure from caustic soda manufacturers is relatively high. Analyst Cao Huaxia, a caustic soda analyst at the company's chemical branch, expects that the caustic soda market will continue to be Sodium Hexametaphosphate dominated by weaker positions, Titanium Dioxide with less price fluctuations.
Related Listed Companies: Intellilite (000635) Chlor-Alkali Chemical (600618)