1、 Price trend

According to the monitoring data of the business community, the price of caustic soda is weak. At the beginning of the week, the average market price in Shandong was about 1198 yuan / ton, and at the weekend, the average market price in Shandong was 1164 yuan / ton. The price was reduced by 2.84%, and the price increased by 98.13% over the same period last year. On July 17, the caustic soda commodity index was 168.06, unchanged from yesterday, down 36.69% from the highest point of 265.47 in the cycle (2021-10-27), and up 158.12% from the lowest point of 65.11 on October 09, 2020. (Note: the period refers to 2011-09-01 to now)

2、 Market analysis

According to the survey data of the business community, the domestic caustic soda price was weak this week. At present, the average market price in Shandong is about 1080-1200 yuan / ton. The mainstream ex factory quotation of 32% liquid caustic soda in Hebei is about 1100-1300 yuan / ton. The overall start-up has not changed much, and downstream enterprises are mainly on the sidelines. Enterprises generally ship goods, with heavy on-site wait-and-see mood, and the downstream receiving capacity is limited. The overall trading is weak.

According to the price monitoring of the business community, in the 28th week of 2022 (7.11-7.15), there were 0 kinds of commodities rising, 5 kinds of commodities falling and 0 kinds of commodities rising or falling. The main commodities that fell were hydrochloric acid (-12.82%), PVC (-5.13%) and caustic soda (-2.50%). The average rise and fall this week was -4.31%.

Business analysts believe that recently, the price of caustic soda is weak, and the wait-and-see attitude of downstream alumina is obvious. It is mainly purchased on demand, the overall demand is limited, and the market atmosphere is weak. It is comprehensively expected that the subsequent weak market operation of caustic soda is mainly based on the downstream market demand.