1、 Price trend:

According to the monitoring data of the business agency, the price of caustic soda was mainly weak and stable this week. The average price in Shandong market from the beginning of the week to the end of the week was 475 yuan / ton, down 32.62% in the same period last year. On August 16, the commodity index of caustic soda was 68.35, which was the same as yesterday, decreased by 66.96% from 206.87 (2017-11-14), and 1.06% higher than the lowest point of 67.63 on May 10, 2020. (Note: period refers to 2011-09-01 to now)

2、 Market analysis

The price of domestic liquid caustic soda is basically stable, the awareness of price rising in upstream is strong, the demand of downstream is weak, and the rise is weak. At present, the price of 32% ion-exchange membrane caustic soda is weak in Shandong Province. The mainstream ex factory price of 32% caustic soda is 410-510 yuan / ton. The price pressure of domestic liquid caustic soda is large, the downstream demand is weak, and the supply of caustic soda is sufficient. It is expected that the price of caustic soda in Shandong will be weak in the future. The caustic soda in Inner Mongolia is in stable operation temporarily, and the mainstream quotation is about 1500-1600 yuan / T (100%). The market transaction atmosphere is not good, the downstream needs to purchase on demand, the transaction is general, and the enterprise mainly delivers goods. It is expected that the consolidation and operation of Inner Mongolia will be the main trend in the near future. The caustic soda in Hebei Province has been running steadily for a while, with the mainstream quotation of 470-580 yuan / T. the market atmosphere is not good. The downstream needs to purchase on demand, and the transaction is general, and the enterprise mainly delivers goods. It is expected that the stable operation of Hebei region will be the main trend in the near future. The caustic soda in Henan Province is in stable operation temporarily, and the mainstream quotation is 1500-1600 yuan / T (100 yuan). The market transaction atmosphere is not good. The downstream needs to purchase according to demand, and the transaction is general. The enterprise mainly delivers the goods. It is expected that the stable operation of Henan Province will be the main trend in the near future.

This week, the overall performance of domestic main production areas of liquid chlorine is weak, the current market transaction situation is still not optimistic. The mainstream turnover of Shandong liquid chlorine tanker is 400-550 yuan / ton, and the actual transaction tends to the low end.

Demand: from the downstream point of view, due to the recent fall in the price of alumina and poor demand for terminal electrolytic aluminum, some alumina production plans have been made. 75% and 40% of other papermaking and printing and dyeing were started. There is no sign of an improvement in demand. The imbalance between supply and demand continues.

According to the price monitoring of the business agency, in the 32nd week (8.10-8.14) of 2020, there are 1 kind of commodity rising and 2 kinds of falling commodity in the price rising and falling list of chlor alkali industry, and 2 kinds of commodities with the rise and fall of 0. The main commodities that rose were calcium carbide (0.37%); the main commodities that fell were hydrochloric acid (- 1.47%) and PVC (- 0.77%). This week, the average rise and fall was – 0.37%.

According to the analysts of business agency, the price of domestic liquid caustic soda is basically stable, which coincides with the off-season demand for caustic soda, and the price is mainly rigid. The weakening of downstream demand leads to price weakening. Shandong’s performance was stable, and caustic soda inventory continued to increase. The price of alumina has fallen again recently, and the demand for terminal electrolytic aluminum is not good, and some alumina production plans are planned. 75% and 40% of other papermaking and printing and dyeing were started. There is no sign of an improvement in demand. Generally speaking, the downstream demand can’t pull the price of caustic soda better for the time being. The price of caustic soda is mainly operated in a short-term or weak stable way, and the downstream market demand is the specific factor.