Caustic soda prices rose as a whole in March

1、 Price trend

 

Benzalkonium chloride

According to the monitoring data of business agency, the overall price of caustic soda rose in March. At the beginning of the month, the average price of Shandong market was 1052.5 yuan / ton, and at the end of the month, the average price of Shandong market was about 1098 yuan / ton, with a price increase of 4.32%, and the price increased by 124.08% compared with the same period last year. On March 30, the caustic soda commodity index was 157.41, unchanged from yesterday, down 40.71% from the highest point of 265.47 in the cycle (2021-10-27), and up 141.76% from the lowest point of 65.11 on October 9, 2020. (Note: the period refers to the period from September 1, 2011 to now)

 

2、 Market analysis

 

At the beginning of the month, the price of caustic soda decreased, mainly because the inventory pressure of caustic soda manufacturers was large, the demand of downstream alumina enterprises was weaker than before, the demand of downstream alumina was general, and the price of caustic soda was dominated by weak operation. In the middle of March, the price of caustic soda was relatively stable, the recent demand of downstream was mostly purchased on demand, and the mood of receiving goods was general. The price rise in late March was mainly due to the good operation of caustic soda price. Recently, some caustic soda enterprises have little inventory pressure and the downstream demand is OK.

 

Sodium Molybdate

According to the price monitoring of the business society, in the 12th week of 2022 (3.21-3.25), there were 1 kind of goods rising, 3 kinds of goods falling and 1 kind of goods falling to zero in the price rise and fall list of chlor alkali industry. The main commodities rising were: caustic soda (4.24%); The main commodities falling were hydrochloric acid (- 3.41%), calcium carbide (- 1.47%) and PVC (- 0.34%). The average rise and fall this week was – 0.2%.

 

Business analysts believe that in the near future, the overall price of caustic soda is stable and small, and the manufacturers flexibly adjust the quotation according to themselves. Due to the impact of public events, the manufacturer’s inventory is tight, and the recent demand of the downstream is still acceptable. It is comprehensively expected that the follow-up or good operation of caustic soda will be mainly based on the demand of the downstream market.

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