1、 Price trend

According to the monitoring data of the business community, the price of caustic soda rose first and then fell in December, and rose on the whole. At the beginning of the month, the average price in Shandong market was 1098 yuan/ton, and at the end of the month, the average price in Shandong market was about 1116 yuan/ton. The price rose 1.64%, and the price rose 12.8% compared with the same period last year. On January 2, the caustic soda commodity index was 162.30, unchanged from yesterday, down 38.86% from the peak of 265.47 (2021-10-27) in the cycle, and up 149.27% from the lowest point of 65.11 on October 9, 2020. (Note: Period refers to 2011-09-01 to now)

2、 Market analysis

According to the survey data of the business community, the mainstream of domestic caustic soda prices is now stable and adjusted sporadically. The average market price in Shandong is about 1060-1160 yuan/ton. The factory quotation of 32% liquid caustic soda mainstream in Hebei is about 1100-1300 yuan/ton.

The price of caustic soda fell first and then rose this month. In the first ten days of December, the price of caustic soda rose. As the downstream alumina is approaching the Spring Festival, there is a plan to prepare for production, and the overall order volume has increased. In addition, the recent price of alumina is firm, which supports the price of liquid caustic soda. However, with the purchase plan going ahead, the price of caustic soda that continues to rise in the downstream has been depressed. The downstream alumina is more cautious. The buyer and the seller are still playing a game of supply and demand, and the price of caustic soda declines in a narrow range.

According to the price monitoring of the business community, in December 2022, there were 3 kinds of rising goods, 2 kinds of falling goods and 0 kinds of goods in the list of rising and falling prices of the chlor alkali industry. The main commodities that rose were caustic soda (2.73%), PVC (2.22%) and light soda ash (0.38%); The main commodities falling were hydrochloric acid (- 2.25%) and calcium carbide (- 1.33%).

Analysts from the business community believe that in the near future, caustic soda prices have been adjusted sporadically, and the mainstream has maintained stable operation. As the downstream alumina is approaching the Spring Festival, there is a preparation plan, but the procurement plan is more cautious. The buyer and seller are still playing a game of supply and demand. It is comprehensively expected that caustic soda will mainly be consolidated and operated, depending on the downstream market demand.