1、 Price trend
| povidone Iodine |
According to the Commodity Analysis System of Business Society, the price of caustic soda has been consolidating this week, with an average market price of 784 yuan/ton at the beginning of the week and 782 yuan/ton at the end of the week. The price has decreased by 0.26%, a decrease of 28.78% compared to the same period last year. On February 3rd, the chlor alkali index was 1029 points, a decrease of 3 points from yesterday, a decrease of 51.64% from the highest point in the cycle of 2128 points (2021-10-24), and an increase of 44.52% from the lowest point of 712 points on January 5th, 2016. (Note: The cycle refers to 2011-12-01 present)
2、 Market analysis
According to the Commodity Analysis System of Business Society, the domestic caustic soda prices have been weak this week. The price of caustic soda in Shandong region is currently stable, with a mainstream market price of around 730-800 yuan/ton for 32% ion exchange membrane caustic soda. The price of caustic soda in Jiangsu region is currently stable, with a mainstream market price of around 800-860 yuan/ton for 32% ion exchange membrane caustic soda. This week, the overall price of caustic soda has remained stable, and downstream purchases are still more on demand, with average purchasing enthusiasm.
| Azodicarbonamide (AC foaming Agent) |
According to the price monitoring of Business Society, in the 5th week of 2024 (1.29-2.2), there was 1 commodity that rose, 5 commodities that fell, and 1 commodity that rose or fell to 0 on the chlor alkali industry price list. The main rising commodities include: caustic soda (0.51%); The main commodities falling include hydrochloric acid (-5.41%), light soda ash (-0.42%), and caustic soda (-0.26%). The average increase and decrease this week is -0.82%.
Analysts from Business Society believe that in the near future, the price of caustic soda has been consolidating this week, and downstream alumina will be replenished as needed without any positive support. It is expected that caustic soda will continue to consolidate in the future, depending on downstream market demand.
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