Caustic soda prices rose first and then fell in May

1、 Price trend

 

povidone Iodine

According to the monitoring data of the business agency, the price of caustic soda first rose and then fell in May, with an overall decline. At the beginning of the month, the average market price in Shandong was 1274 yuan / ton, and at the end of the month, the average market price in Shandong was about 1246 yuan / ton, with a price drop of 2.24%, and a price increase of 149.2% over the same period last year. On May 30, the commodity index of caustic soda was 179.86, unchanged from yesterday, down 32.25% from the highest point of 265.47 in the cycle (2021-10-27), and up 176.24% from the lowest point of 65.11 on October 9, 2020. (Note: the period refers to the period from September 1, 2011 to now)

 

2、 Market analysis

 

In the first ten days of May, the price of caustic soda rose slightly, which was mainly because some caustic soda enterprises had little pressure to reduce the load and inventory recently, and the downstream had a good enthusiasm for recent trading and investment. The price decline in the middle and late May is mainly due to the small change in the overall supply of caustic soda. The downstream alumina is mainly stable, and the price of caustic soda has been lowered for many times. It is mainly purchased on demand, and the overall demand is limited.

 

Melamine

According to the price monitoring of the business community, in the 21st week of 2022 (5.23-5.27), there was one rising commodity, two falling commodities, and two rising and falling commodities in the list of chlor alkali industry prices. The main commodities rising are: light soda ash (2.15%); The main commodities falling were PVC (-2.28%) and caustic soda (-1.73%). The average rise and fall this week was -0.37%.

 

Analysts from the business community believe that recently, the price of caustic soda has declined, the inventory of downstream alumina raw materials is high, and most of them are purchased on demand. The overall demand is limited. It is comprehensively estimated that the subsequent weak consolidation market operation of caustic soda is mainly based on the downstream market demand.

http://www.lubonchem.com/

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>