According to the monitoring data of business agency, the price of flake alkali was consolidated this week. The average market price from the beginning of the week to the end of the week was 3533.33 yuan / ton. At present, the domestic flake alkali market maintains the consolidation trend.

Upstream caustic soda

According to the monitoring data of business agency, the price of caustic soda this week was stable and small. At the beginning of the week, the average price in Shandong market was 942.5 yuan / ton. On January 17, the average price in Shandong market was about 957.5 yuan / ton, with a price increase of 1.59% and a price increase of 98.45% over the same period last year. Recently, caustic soda manufacturers have overhauled, but the overall impact is small. Downstream alumina enterprises mainly purchase on demand because the Spring Festival is approaching. Caustic soda manufacturers intend to raise prices before the Spring Festival, but the driving force is not strong.

Business analysts believe that traders’ enthusiasm for shipping is still good, but due to the low willingness to receive goods in the downstream near the Spring Festival, there is resistance. Generally speaking, the short-term or consolidation operation of flake alkali price depends on the demand of the downstream market.