1、 Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the monitoring data of the Business News Agency, the price of caustic soda decreased, with the average market price in Shandong at the beginning of the week being 858 yuan/ton, and the average market price in Shandong at the end of the week being 804 yuan/ton, with a price decrease of 6.29% and a price decrease of 20.24% compared to the same period last year. The caustic soda commodity index on March 16 was 116.83, down 1.73 points from yesterday, down 55.99% from the cycle’s highest point of 265.47 points (2021-10-27), and up 79.43% from the lowest point of 65.11 points on October 09, 2020. (Note: The cycle refers to 2011-09-01 to now)
2、 Market analysis
According to survey data from Business News Agency, domestic caustic soda prices fell this week. The current average market price in Shandong is around 760-830 yuan/ton. The ex-factory quotation for 32% of the mainstream liquid caustic soda in Hebei is around 800-950 yuan/ton. The price of caustic soda in the site is weak. The overall supply of caustic soda is relatively sufficient, but in some regions, there has been a decline in caustic soda units, and the inventory of caustic soda will decline slightly in the future. Downstream demand is mainly based on on-demand procurement, and the atmosphere of on-site trading and investment is general, still with a cautious attitude.
| povidone Iodine |
According to the price monitoring of the Business Society, in the 10th week of 2023 (3.6-310), there were 0 commodities that rose, 2 commodities that fell, and 3 commodities that rose or fell to 0 in the price list of the chlor-alkali industry. The main commodities falling were caustic soda (- 4.02%) and PVC (- 0.35%). This week’s average rise and fall was -0.87%.
Analysts from the Business Agency believe that in the near future, the price of caustic soda has declined, and the downstream alumina procurement is average, resulting in a relatively light trading atmosphere. Some caustic soda units have reduced their load, and the inventory of caustic soda has decreased slightly. Downstream procurement is mainly based on demand, and the main comprehensive estimate is that the later stage of caustic soda consolidation and operation is mainly based on the downstream market demand.
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