1、 Price trend:

According to the monitoring data of the business agency, the price of caustic soda is mainly stable. On June 23, the average price in Shandong market was about 515 yuan / ton, and the price remained stable, down 27.73% compared with the same period last year. On June 22, the caustic soda commodity index was 74.10, unchanged from yesterday, down 64.18% from 206.87 (2017-11-14), the highest point in the cycle, and up 9.57% from 67.63, the lowest point on May 10, 2020. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

At present, 32% ionic membrane alkali: 490-550 yuan / ton in Shandong market, 1400-1600 yuan / ton in Inner Mongolia market (converted into 100 yuan), 720-760 yuan / ton in Guangdong market. Quotation of flake alkali: 1850-1900 yuan / ton in Inner Mongolia market, 1800-1900 yuan / ton in Ningxia market, 2150-2200 yuan / ton in East China market and 2200-2300 yuan / ton in Guangdong market. The performance of domestic caustic soda market is average. The quotation of liquid alkali manufacturers is stable.

Raw material: affected by the increase of sea salt production and the decrease of price, the current sales volume of well salt is reduced. At present, most of the soda ash enterprises have been overhauled, and only a few of them are still in the process of overhauling. With the start-up of the enterprises, the purchase of industrial salt in the downstream may be improved, but the inventory is currently high, and the downstream market is still waiting.

Demand: current domestic alumina, papermaking, printing and dyeing and other downstream maintenance rigid procurement. Caustic soda plant maintenance good and spot not much to continue to support the market. Supply and demand have not changed much for the time being. The overall inventory of caustic soda is in the stage of accumulation, and the price may face greater pressure later. The demand for caustic soda is limited, and the price is still under great pressure.

According to the price monitoring of the business society, on June 22, 2020, there were 0 kinds of commodities in the price rise and fall list of chlor alkali industry, 1 kind of commodities in the fall list and 4 kinds of commodities in the rise and fall list of 0. The main commodities falling were hydrochloric acid (- 1.59%). The average price of this day was – 0.32%.

According to the analysts of business association, the overall demand side of domestic caustic soda market is general, and the overall change of supply and demand side is not big. Alumina, papermaking and printing mostly purchase caustic soda on demand. It is comprehensively predicted that the domestic caustic soda market is still weak and stable, and the overall adjustment range is limited.