1、 Price trend

According to the monitoring data of business agency, the price of caustic soda is temporarily stable. From the beginning of the week to the end of the week, the market price in Shandong is 647.5 yuan / ton, with a price increase of 5.86% and a price increase of 36.32% over the same period last year. On August 15, the caustic soda commodity index was 93.17, the same as yesterday, down 54.96% from the highest point 206.87 in the cycle (November 14, 2017), and up 43.10% from the lowest point 65.11 on October 9, 2020（ Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

Caustic soda price consolidation operation this week. The price of caustic soda in Shandong has been adjusted and put into operation. Now the mainstream ex factory price of 32% caustic soda is 620-720 yuan / ton. Downstream demand is mainly on-demand procurement, and there is a strong wait-and-see mood. Now caustic soda manufacturers adjust their prices according to their own conditions, and it is comprehensively expected that caustic soda will mainly operate temporarily and stably in the follow-up. The price of caustic soda in Hebei fluctuates slightly. At present, the mainstream ex factory price of 32% caustic soda is 650-780 yuan / ton. It is expected that the subsequent consolidation and operation of caustic soda will be the main.

Downstream: at present, alumina enterprises mainly purchase caustic soda on demand, and the quotation of caustic soda manufacturers is stable. In addition, the downstream has a mentality of resistance to high price caustic soda, and the two sides launch a price game.

According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 32nd week (8.9-8.13) of 2021, there were 2 kinds of commodities rising, 0 kinds of commodities falling and 3 kinds of commodities rising and falling to 0. The main commodities rising were: light soda ash (2.34%), PVC (1.23%); The average rise and fall this week was 0.71%.

Business analysts believe that recently, the price of caustic soda in Shandong has maintained stable operation, while the downstream alumina is mainly purchased on demand. It is expected that the follow-up consolidation and operation of caustic soda will mainly depend on the downstream market demand.