Tdd-global Caustic Caustic Acid Industry Weekly-No. 20230803

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	July twenty _ eighth	August 3rd	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	850-1200	850-1200	0/0	Ex-factory price
	Northwest	770-810	770-810	0/0	Ex-factory price
	North China	650-910	660-910	10/0	-
	Hebei	670-900	670-900	0/0	Ex-factory price
	South China	860-1050	860-1050	0/0	Can price
	Shandong	650-750	660-750	10/0	Current exchange rate
	Zhejiang	930-970	930-970	0/0	-
	Jiangsu Province	770-800	780-860	10/60	Delivery price
	Tianjin	2300-2500	2380-2500	80/0	A discount of 100%
	Anhui Province	800-830	820-850	20/20	Ex-factory price
	Henan	2600-2800	2600-2800	0/0	A discount of 100%
50% ionic membrane alkali	North China	1100-1850	1120-1850	20/0	Ex-factory price
	Hebei	1200-1850	1200-1850	0/0	Ex-factory price
	Shandong	1100-1140	1120-1170	20/30	Current exchange rate
	Tianjin	2480-2600	2540-2600	60/0	A discount of 100%
	Southwest	3100-3200	3100-3200	0/0	A discount of 100%
99% tablet alkali	Northwest	2700-2950	2800-3000	100/50	Ex-factory price
	Shandong	2900-3100	2900-3150	0/50	Ex-factory price
45% ionic membrane alkali	Northeast China	1680-1750	1680-1750	0/0	Ex-factory price
49% ionic membrane alkali	Jiangsu Province	1250-1300	1250-1300	0/0	Ex-factory price
30% ionic membrane alkali	Southwest	915-925	915-925	0/0	-
48% ionic membrane alkali	Henan	3000-3100	3000-3100	0/0	A discount of 100%

 

Caustic soda spot analysis:    caustic soda market finally turned red this week, the market in most regions showed an upward trend, there are some differences in supply and demand, and the market trading atmosphere has improved slightly. Specifically:

Liquid alkali market:    liquid alkali market has a long-lost upward trend this week, the market operation in most areas is more flexible, some areas still maintain a wait-and-see mentality, price adjustment is more cautious, from the regional market price adjustment, 32% ion-exchange membrane alkali part rose 10-60 yuan / ton, 50% ion-exchange membrane alkali rose 20-60 yuan / ton, other concentration alkali prices are temporarily stable. Some high concentration alkali plants in some areas are in parking, the supply of goods in the local and surrounding areas is reduced, and the shipping pressure of enterprises is reduced compared with the previous period, so the price is mainly raised. At present, the inventory pressure of enterprises in some areas is not great, and affected by the price increase in the main producing areas, the center of gravity of the local market transaction price has mainly moved upward; the equipment of manufacturers in some areas is under maintenance, the supply is more obvious in the face of market support, and the confidence of operators in quotation has increased. Traders mainly raise shipping prices, and the market price range moves up. The operation of the market in some areas is lukewarm, the supply and demand sides of each region are relatively stable, and the price has not been significantly adjusted. Upstream production enterprises in some areas of the price adjustment and price adjustment mentality is different, manufacturers in most areas price stability wait and see.

 

 

Tablet alkali market:    this week, the price of new orders in the northwest region of the tablet alkali market continued to rise slightly, the center of gravity of transaction prices in most areas followed up, the market operation was more flexible, and the transaction atmosphere was relatively acceptable. During the week, the downstream of most areas maintained a state of lukewarm and rigid demand procurement, while some of the main manufacturers in the northwest region were overhauled, and the supply side was reduced to form a certain support to the market, and the operators' confidence in quotation increased, and the manufacturers made active quotations. After most of the market transaction prices rose on Tuesday, the mindset of operators in various regions tended to be cautious, and most of them waited and saw.

 

 

China caustic soda index:    according to Tuduoduo data, China's caustic soda spot index was 2386.52 on August 3, up 3.6% or 0.151% from the beginning of the week.

 

 

Device changes during the week:

Start-up of caustic soda plant in China
Enterprise name	Device dynamics
Huojiagou, Shanxi	The device was overhauled for about 10 days on July 31.
Jianghan Oilfield Chlor-Alkali Plant	The device stops for about 7 days on August 1.
Inner Mongolia Junzheng	The plant is overhauled in the old factory from August 1 to 10, and from August 20 to 30 in the new plant.
Anhui Huaxing	The plant is scheduled to be stopped for overhaul from August 7 to 22.
Hebei Julong	The plant is scheduled to be stopped for overhaul on August 10 and is expected to take about 12 days.
Jiangsu Yanhai	The plant is scheduled to be overhauled in mid-August.
Hebei Ji Heng	Plant parking maintenance is tentatively scheduled to last for 30 days until August 15.
Yantai Wanhua	The plant is scheduled to be overhauled on August 20.
Jiangxi ninety two	The plant is scheduled to stop for 15 days for maintenance in August.
Wuhu Fuji	The caustic soda plant is scheduled to resume production on August 10.
Xiamen egret electrification	The caustic soda plant is expected to resume production in August.
Baotou sea level	Caustic soda plant is scheduled to be shut down and overhauled for a week at the end of August.
Shanxi Jintai	The new 600000 ton caustic soda plant is scheduled for commissioning by the end of August.

 

Change in operating rate during the week: the operating rate of caustic soda plant in China is about 75.5%.

 

 

Caustic soda later forecast:    this week part of the plant into overhaul, there are still individual chlor-alkali units planned to overhaul next week, but the capacity involved is relatively limited, and from the current situation this week, the device maintenance brings regional support to the market, the market trend in some areas has improved, and the later plant maintenance may still show regional support. Downstream demand as a whole still has not seen a substantial improvement, but the main downstream alumina enterprises have not seen price reduction behavior recently, and the market shows an upward trend, temporarily or no negative impact on the caustic soda industry, other industries start to be stable, demand as a whole to maintain rigid demand, short-term downstream demand or maintain the previous level. Basically in the face of the market as a whole, there is a good expectation. From the perspective of market mentality, the mentality of operators in some areas is more positive than in the previous period, and the enthusiasm of entering the market has also been improved. coupled with the rise in prices in some areas, the quotation confidence of some operators has also been improved. Generally speaking, the market or the whole is expected to improve to a certain extent, and the market may continue to show a regional upward trend in the short term.

 

Upstream raw salt analysis:    raw salt market trend is stable and rising this week, the raw salt market trend in most areas is relatively stable, the price is stable and small, and the market transaction price range has not been significantly adjusted. The price range of sea salt market is stable, the start of downstream enterprises is stable, the demand changes little, the rhythm of supply and demand is relatively stable, and the price has not been significantly adjusted. In some areas of the well and mineral salt market, the market is relatively stable, and individual market prices are rising, supported by the maintenance expectations of individual salt enterprises, and the supply can boost the local market. The trend of the lake salt market fluctuates little, the market mainly carries out long-term orders, the downstream demand is light and stable, and the market transaction price range has not been adjusted.

 

Downstream alumina price:

Alumina price this week (unit: yuan / ton)
Area	Specifications	July twenty _ sixth	August second	Rise and fall	Amplitude
Shandong	A0-1	2890	2905	15	0.52%
Henan	A0-1	2810	2845	35	1.25%
Shanxi Province	A0-1	2870	2895	25	0.87%
Guangxi	A0-1	2855	2880	25	0.88%
Guizhou	A0-1	2850	2875	25	0.88%
Southwest	A0-1	3215	3240	25	0.78%
Inner Mongolia	A0-1	2870	2890	20	0.70%

 

Liquid chlorine market analysis:    liquid chlorine market fluctuates little this week, prices in some areas are adjusted, prices rise and fall each other, but most markets maintain a wait-and-see mentality, price adjustment is more cautious, with a cumulative increase of 50-200 yuan / ton in some areas and a reduction of 50 yuan / ton in some areas. At the beginning of the week, quotations in some areas rose significantly, with a range of 50-200 yuan / ton, which was mainly boosted by the market of individual main downstream products, while after the market rose at the beginning of the week, the purchasing enthusiasm downstream of each regional market was general, and rigid demand was dominant. Enterprise shipments are not ideal, individual regional markets downgrade quotations to promote shipments, but in most areas the market mentality is more cautious and wait-and-see market is dominant.

  

Liquid chlorine index analysis:    according to Tuduoduo data, the spot index of liquid chlorine in China was 211.22 on August 3, which is stable compared with the beginning of the week. China's liquid chlorine index is stable this week.