1、 Price trend

According to the monitoring data of business society, the price of caustic soda rose as a whole in December. At the beginning of the month, the market price in Shandong was 842.5 yuan / ton, and at the end of the month, the average market price in Shandong was 1000 yuan / ton, with a price increase of 18.69% and a price increase of 106.19% over the same period last year. On December 30, the caustic soda commodity index was 144.96, down 1.8 points from yesterday, down 45.39% from the highest point 265.47 in the cycle (2021-10-27), and up 122.64% from the lowest point 65.11 on October 9, 2020. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

Caustic soda prices rose overall this month. From the beginning of the month to December 19, it operated relatively smoothly, with prices rising from December 19 to 25 and falling from December 25 to December 31. At present, liquid alkali shows a downward trend. The price of caustic soda in Shandong is weak, and the mainstream ex factory price of 32% caustic soda is 940-1020 yuan / ton. The mainstream market price in Hebei is about 900-1050 yuan / ton. Near the end of the year, the enterprise has sufficient inventory in the near future and the shipment mentality has increased, but the downstream alumina procurement sentiment is pessimistic and the intention to store goods is general.

According to the price monitoring of the business community, in the price rise and fall list of chlor alkali industry in the 51st week of 2021 (12.20-12.24), there were 1 kind of rising commodity, 3 kinds of falling commodities and 1 kind of rising and falling commodity. The main commodities rising were: caustic soda (13.07%); The main commodities falling were calcium carbide (- 2.40%), light soda ash (- 0.90%), PVC (- 0.36%). The average rise and fall this week was 1.88%.

Business analysts believe that recently, the mainstream price in Shandong market is about 940-1020 yuan / ton. Downstream enterprises have weak demand for alumina procurement, and there is no significant increase in alumina demand. Market turnover is average. It is expected that the follow-up weak market operation of caustic soda is mainly based on the downstream market demand.