1、 Price trend

According to the monitoring data of the Business News Agency, the price of caustic soda was weak this week. At the beginning of the week, the average market price in Shandong was 1128 yuan/ton. At the end of the week, the average market price in Shandong was 1114 yuan/ton. The price fell by 1.24%, and the price rose by 14.55% compared with the same period last year. The caustic soda commodity index on January 5 was 160.29, down 0.29 points from yesterday, down 39.62% from the highest point of 265.47 points in the cycle (2021-10-27), and up 146.18% from the lowest point of 65.11 points on October 9, 2020. (Note: the period refers to September 1, 2011 to now)

2、 Market analysis

According to the survey data of the Business Agency, the domestic caustic soda price fell this week. The average market price in Shandong is about 1050-1110 yuan/ton. The ex-factory quotation of 32% of the mainstream liquid caustic soda in Hebei is about 1100-1200 yuan/ton. The price of caustic soda in the site is weak. Downstream market sentiment is dominated by wait-and-see, and most of them are purchased on demand. However, as the end of the year approaches, the downstream construction has decreased, and the stock plan has come to an end some time ago. Now, the purchase intention is not strong.

According to the price monitoring of the Business Agency, in the 52nd week of 2022 (12.26-12.30), there were 1 commodity that rose, 1 commodity that fell, and 3 commodities that rose or fell to 0 in the price list of chlor-alkali industry. The main commodities rising were PVC (0.27%); The main commodities falling were caustic soda (-0.88%). The average rise and fall of this week was -0.12%.

Analysts from the Business News Agency believe that in the near future, the price of caustic soda has declined, the downstream alumina price is stable, and the trading atmosphere is relatively light. The Spring Festival is approaching, and the purchase of the previous period has come to an end. Now, most of the purchases are based on demand. It is comprehensively estimated that caustic soda will be mainly operated in a weak way next week, depending on the downstream market demand.