1、 Price trend:
According to the monitoring data of the business agency, the price of caustic soda this week is mainly stable. The average price of Shandong market at the beginning of the week to the weekend is about 502.5 yuan / ton. The price remains stable, down 29.47% from the same period last year. On June 15, the caustic soda commodity index was 72.30, the same as yesterday, 65.05% lower than 206.87 (2017-11-14), the highest point in the cycle, and 6.91% higher than 67.63, the lowest point on May 10, 2020. (Note: cycle refers to 2011-09-01 to now)
2、 Market analysis
| Thiourea |
At present, 32% ionic membrane alkali: 420-550 yuan / ton in Shandong market, 1400-1550 yuan / ton in Inner Mongolia market (converted into 100 yuan), 710-740 yuan / ton in Guangdong market. In terms of flake alkali, the factory price of flake alkali was stable at the beginning of the week. Supported by the good maintenance of some manufacturers, the quotation of flake alkali market maintained stable operation. Quotation of flake alkali: 1900-1950 yuan / ton in Inner Mongolia market, 2150-2200 yuan / ton in Shandong market, 2180-2200 yuan / ton in East China market, 1600-1700 yuan / ton in Xinjiang market.
Raw materials: affected by the low price increase of sea salt and lake salt, the delivery of well salt is not good, and some well salt enterprises have maintained or limited production since the end of May. In June, the maintenance of some two soda enterprises was completed, and the purchase of industrial salt by downstream soda enterprises may increase. However, due to the impact of high inventory, the supply and demand of raw salt and soda are still in a state of contradiction, and the market wait-and-see atmosphere is strong.
Demand: at present, about 76% of domestic alumina is under construction, and the downstream of papermaking, printing and dyeing, etc. needs to maintain rigid procurement. Caustic soda plant maintenance good and spot not much to continue to support the market. On the macro level, tank car accidents or domestic hazardous chemicals production, transportation and other aspects were strictly inspected, and small, medium and micro downstream enterprises started or were affected. Supply and demand have not changed much for the time being.
According to the price monitoring of the business agency, in the 23rd week of 2020 (6.8-6.12), there are 0 rising commodities, 2 falling commodities and 3 rising and falling commodities in the price list of chlor alkali industry. The main commodities falling were hydrochloric acid (- 1.49%) and light soda ash (- 1.32%). This week’s average was – 0.56%.
According to the analysts of business association, the overall demand of domestic caustic soda market is general, and the price of caustic soda in Shandong Province is stable. Alumina, papermaking and printing mostly purchase caustic soda on demand. Due to the price of liquid caustic soda stuck in the cost line, it is expected that the domestic caustic soda market is still weak and stable, and the overall adjustment is limited.
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