Caustic Soda Prices Continue To Rise
March 29, 2022
Since the launch of Sinochem New Online News in December, the domestic Caustic Soda Pearls market has started a new round of rising prices. On December 7, Shanghai quoted 32% of ion-exchange membrane caustic soda for more than 1,000 yuan (ton price, the same below), Jiangsu 32% ion-exchange membrane caustic soda sales price rose to around 980 yuan, and Shandong 32% membrane caustic soda market quotation was around 970 yuan. The 32% ion-exchange membrane Caustic Soda Price Today in Fujian is maintained at 980-990 yuan, Hebei 32% ion-exchange membrane Caustic Soda 1kg Price is priced at 880 yuan, Hunan 32% ion-exchange membrane caustic soda market price is between 930-950 yuan, Liaoning 32% ion-exchange membrane caustic soda quotation rises to About 910 yuan. At present, there is not much caustic soda in most domestic enterprises. In the short term, domestic caustic soda prices will remain at a high level and are unlikely to fall sharply.
Caused by the current price increase in the caustic soda market, the first is that the country recently raised the price of electricity, because caustic soda is a high power consumption industry, more than 1/3 of the cost is the cost of electricity, a slight rise in electricity prices will greatly increase the cost of caustic soda production, so that Affect the price of caustic soda. Secondly, recently, the market price of alkali products such as alumina has risen, Sodium Hexametaphosphate and the production situation has improved. This has directly boosted the demand for caustic soda market. Again, in the recent period, the export surplus of liquid caustic soda indirectly contributed to the domestic market price of caustic soda. Finally, due to the downturn in the PVC market, some companies out of the need for balance, despite the current market price of caustic soda, the device is difficult to operate at high load, which restricts the supply of caustic soda, Titanium Dioxide a combination of supply and demand factors, promote caustic soda The market price rose.