On September 9, the domestic caustic soda price fluctuated slightly; the average ex-factory price of 32% ionic membrane caustic soda was 577.5 yuan/ton at the beginning of this week, and 581.67 yuan/ton at the weekend. The price rose slightly by 0.72%, down by 10.3% compared with the same period last year.

II. Market Analysis

Products: This week, the domestic caustic soda market has a strong wait-and-see atmosphere, and local prices have risen. Price: 32% of ionic membrane alkali Market low-end source factory price is between 510-740 yuan/ton, the average price is 648 yuan/ton; high-end source factory price is between 540-830 yuan/ton, the average price is 716 yuan/ton; 99% of low-end source factory price is between 2350-2750 yuan/ton, the average price is 2630 yuan/ton; high-end source factory price is between 2500-2850 yuan/ton, the average price is 2745 yuan/ton. In East China, the mainstream ex-factory price of 32% ionic membrane alkali is 680-780 yuan/ton, and that of 99% tablet alkali is 2750-2800 yuan/ton. Most of the downstream products are purchased on demand. The overall shipment of enterprises is better than that of the earlier period. It is expected that there will be an increase in the near future.

Industry chain: The raw salt market is not very volatile. In the near future, the downstream market mainly purchases on demand. It is expected that the market will continue to operate steadily in the future. The downstream alumina is still purchased on demand, the actual transaction is flat, the domestic caustic soda market supply and demand is relatively stable, market sentiment is strong wait-and-see.

3. Future Market Forecast

Business analysts believe that part of the caustic soda plant in the northern region is in the state of parking maintenance and planned parking maintenance, production tends to decline, market supply shrinks, manufacturers are reluctant to sell goods, price rises. It is expected that the future market of caustic soda will continue to rise.