1、 Price trend

The data showed that the price of caustic soda was mainly weak and stable. From the beginning of the week to the end of the week, the average price of Shandong market was 457.5 yuan / ton, down 24.07% compared with the same period last year. On February 25, the commodity index of caustic soda was 65.83, which was the same as yesterday, decreased by 68.18% compared with 206.87 (2017-11-14), the highest point in the cycle, and increased by 1.11% compared with 65.11, the lowest point on October 9, 2020. (Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

At present, the caustic soda market as a whole is weak, with weak atmosphere of conversation and flexible transaction. It is expected that the subsequent or narrow range of caustic soda will be weak. The price of caustic soda in Shandong will be weak. At present, 32% of the mainstream ex factory price of caustic soda is 390-470 yuan / ton. The downstream purchasing demand is general, the market atmosphere is poor, and the transaction is light. It is expected that the subsequent or narrow range of caustic soda will be weak. After the Spring Festival, the prices of bulk commodities generally rose, and the upstream manufacturers had a clear mind to adjust the prices. Some caustic soda manufacturers adjusted the prices slightly, but the downstream acceptance was not high. On the whole, the market of caustic soda is still stable.

Upstream: in recent days, the liquid chlorine Market in Shandong has been weak, and the high-end price of liquid chlorine has been slightly reduced.

Downstream: the former and downstream enterprises mainly purchase from rigid demand, and the price increase of scattered caustic soda enterprises has little impact on the caustic soda market. It is reported that the mainstream manufacturer Shandong Jinling plans to stop for maintenance in March. The buyer and the seller have a strong wait-and-see mentality, and the two sides start a game.

According to the price monitoring of the business community, on February 25, 2021, there were 1 commodity that rose, 0 commodity that fell, and 4 commodities that rose or fell to 0 in the price fluctuation list of chlor alkali industry. The main commodities that rose were: light soda ash (4.77%); today’s average rise and fall was 0.95%.

Analysts from the business society believe that in the near future, the overall supply of caustic soda is sufficient, the overall ex factory price of caustic soda is stable and small, and the downstream purchasing demand is general, which has a certain conflict with the current price of caustic soda. Recently, affected by the price increase of bulk goods, caustic soda manufacturers have also made a small price adjustment, but lack of downstream terminal support. Generally speaking, short-term caustic soda price or narrow fluctuation operation is dominant, and the specific situation depends on the downstream market demand.