1、 Price trend

According to the monitoring data of business agency, the price of caustic soda is running well. At present, the average market price in Shandong is 647.5 yuan / ton, which is 30.15% higher than that in the same period last year. On July 28, the caustic soda commodity index was 93.17, up 0.36 points from yesterday, down 54.96% from the highest point 206.87 in the cycle (November 14, 2017), and up 43.10% from the lowest point 65.11 on October 9, 2020（ Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

Caustic soda prices have risen since July. The price of caustic soda in Shandong is rising, and the mainstream ex factory price of 32% caustic soda is 640-700 yuan / ton. Due to the tightening of maintenance supply of caustic soda manufacturers, the downstream demand is slightly better than before. Now caustic soda manufacturers adjust their prices according to their own conditions. It is comprehensively estimated that the subsequent upward market operation of caustic soda is mainly expected. The price of caustic soda in Hebei is rising. At present, the mainstream ex factory price of 32% caustic soda is 700-800 yuan / ton. It is expected that the subsequent good operation of caustic soda will be dominated. Data show that the operating rate of chlor alkali plant is about 84%,

Downstream: due to the inventory demand of downstream alumina for caustic soda, alumina enterprises in Shandong have raised the purchase price of local caustic soda four times. Caustic soda manufacturers are mainly active in shipping, and the trading atmosphere is acceptable. There is a good demand for caustic soda. At this stage, the price of caustic soda is running better.

According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 29th week of 2021 (7.19-7.23), there were 3 kinds of commodities rising, 1 kind of commodity falling and 1 kind of commodity rising or falling to 0. The main commodities rising were: caustic soda (7.05%), light soda (2.89%), calcium carbide (0.98%); The main commodities falling were PVC (- 0.14%). Both rose or fell by 2.16% this week.

Business analysts believe that recently, the price of caustic soda in Shandong has risen, the maintenance inventory of caustic soda manufacturers has decreased recently, and the downstream alumina is still supported by demand. In addition, the export of caustic soda is well oriented. According to the data, the export of liquid soda in June was 136400 tons, a month on month increase of 131.97% and a year-on-year increase of 456.73%. It is expected that caustic soda will continue to operate well, depending on the downstream market demand.