1、 Price trend

According to the commodity analysis system of Shengyi Society, the price of caustic soda has risen this week. The average market price at the beginning of the week was 860 yuan/ton, and the average market price over the weekend was 862 yuan/ton, with a price increase of 0.23% and a year-on-year increase of 7.08%. On August 21st, the Business Social Chemical Index was 771 points, unchanged from yesterday, a decrease of 44.93% from the highest point of 1400 points during the cycle (October 23, 2021), and an increase of 28.93% from the lowest point of 598 points on April 8, 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 increased over the weekend this week. The price of caustic soda in Shandong region is around 800-890 yuan/ton in the mainstream market of 32% ion-exchange membrane alkali. The price of caustic soda in Jiangsu region is stable, with a mainstream market price of 870-930 yuan/ton in 32% ion-exchange membrane alkali. The price of caustic soda in Inner Mongolia region is stable, with a mainstream market price of 2700-2800 yuan/ton (converted to 100%) in 32% ion-exchange membrane alkali. From the perspective of Shandong region, the price of caustic soda remained stable during the week, with a slight increase over the weekend. The pre maintenance equipment has not been restored yet, and the inventory pressure of the enterprise is not high. The prices of liquid alkali purchased by major downstream enterprises have increased, and the prices of liquid alkali in the region have risen. Alumina is mostly purchased on demand, while non aluminum receiving is mainly purchased on demand.
Business Society analysts believe that in the near future, the price of caustic soda has slightly increased and is operating steadily. Domestic downstream demand is still acceptable, and inventory pressure for caustic soda enterprises is not high. Downstream inventory enterprises are expected to undergo maintenance, and the comprehensive supply-demand game predicts that caustic soda will maintain a strong operating market in the later stage, depending on downstream market demand.