1、 Price trend

According to the commodity analysis system of Shengyi Society, the price of caustic soda has risen this week. The average market price at the beginning of the week was 831 yuan/ton, and the average market price over the weekend was 851 yuan/ton, with a price increase of 2.41% and a year-on-year increase of 4.55%. On July 10th, the Business Social Chemical Index was 773 points, unchanged from yesterday, a decrease of 44.79% from the highest point of 1400 points during the cycle (2021-10-23), and an increase of 29.26% from the lowest point of 598 points on April 8th, 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 has remained strong this week. The price of caustic soda in Shandong region is around 790-880 yuan/ton in the mainstream market of 32% ion-exchange membrane alkali. The price of caustic soda in Jiangsu region is stable, with a mainstream market price of 830-920 yuan/ton in 32% ion-exchange membrane alkali. The price of caustic soda in Inner Mongolia region is stable, with a mainstream market price of 2700-2800 yuan/ton (converted to 100%) in 32% ion-exchange membrane alkali. From the perspective of the Shandong region, the prices of liquid alkali purchased by major downstream enterprises have increased, and the prices of liquid alkali in the region have risen. Alumina is mostly purchased on demand, while non aluminum receiving is mainly purchased on demand.
Business analysts believe that in the near future, caustic soda prices have been operating strongly, and domestic downstream demand is still acceptable, supporting the firm operation of caustic soda prices. The comprehensive supply-demand game predicts that caustic soda will maintain a strong operating market in the later stage, depending on downstream market demand.