1、 Price trend

According to the commodity analysis system of Shengyi Society, the price of caustic soda has remained stable this week. The average market price from the beginning of the week to the end of the week was 885 yuan/ton, an increase of 11.74% compared to last year. On June 5th, the Business Social Chemical Index was 788 points, a decrease of 3 points from yesterday, a decrease of 43.71% from the highest point of 1400 points during the cycle (2021-10-23), and an increase of 31.77% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to the period from December 1, 2011 to present)
2、 Market analysis
According to the commodity analysis system of Shengyi Society, the price of caustic soda has remained stable this week. The price of caustic soda in Shandong region is around 840-930 yuan/ton in the mainstream market of 32% ion-exchange membrane alkali. The price of caustic soda in Jiangsu region is stable, and the mainstream market price of 32% ion-exchange membrane alkali is around 930-980 yuan/ton. The price of caustic soda in Inner Mongolia region is temporarily stable, and the mainstream market price of 32% ion-exchange membrane alkali is around 2750-2850 yuan/ton (converted to 100%). During the week, the liquid alkali market in Shandong remained stable with small fluctuations. Alumina was mostly purchased on demand, while non aluminum deliveries slowed down significantly. The overall low alcohol alkali market was dominated by early order shipments, with no positive support for caustic soda prices.
Business analysts believe that in the near future, the price of caustic soda has remained stable, and the domestic downstream demand has been average, supporting the consolidation of caustic soda prices. The comprehensive supply-demand game predicts that caustic soda will maintain a strong operating market in the later stage, depending on downstream market demand.