1、 Price trend

According to the commodity analysis system of Shengyi Society, the price of caustic soda has fallen this week. The average market price at the beginning of the week was 838 yuan/ton, and the average market price over the weekend was 834 yuan/ton, a decrease of 0.48% and a year-on-year increase of 0.12%. On September 25th, the Business Social Chemical Index was 765 points, unchanged from yesterday, a decrease of 45.36% from the highest point of 1400 points during the cycle (October 23, 2021), and an increase of 27.93% 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 fell over the weekend this week. The price of caustic soda in Shandong region is around 760-850 yuan/ton in the mainstream market of 32% ion-exchange membrane alkali. The price of caustic soda in Jiangsu region is stable, with the mainstream market price of 32% ion-exchange membrane alkali being around 890-990 yuan/ton. The price of caustic soda in Inner Mongolia region is stable, with the mainstream market price of 32% ion-exchange membrane alkali being around 2700-2800 yuan/ton (converted to 100%). From the perspective of Shandong region, the supply is relatively abundant. The low concentration alkali prices in Shandong region are under pressure, and the recent continuous decline in alumina prices at home and abroad has led to a narrowing of profit margins for domestic alumina enterprises. Therefore, downstream alumina is mostly purchased on demand, and non aluminum receiving is mainly purchased on demand. In addition, due to the upcoming National Day holiday, caustic soda companies have softened their inventory prices, but overall, they mainly focus on consolidating operations in the later stages.
Business analysts believe that in the near future, the price of caustic soda has been operating weakly, and the price of caustic soda has been operating weakly. Recently, domestic downstream buyers have been purchasing on demand, and caustic soda companies have sufficient inventory. The comprehensive supply-demand game predicts that caustic soda will maintain a stable operating market in the later stage, depending on downstream market demand.