< img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2433975083660159&ev=PageView&noscript=1" />

Caustic soda: Prices adjusted sporadically on the first day after the holiday. Most operators were cautious and had a strong wait-and-see atmosphere

82,346
February 18, 2024, 3:50 PM


 

Caustic soda futures analysis:    has no futures on Sunday, February 18.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)

Specifications

Market

February seventh

February eighteenth

Rise and fall

Remarks

32% ionic membrane alkali

Northeast China

950-1300

950-1300

0/0

Ex-factory price

Northwest

752-784

752-784

0/0

Ex-factory price

North China

710-810

710-810

0/0

-

Hebei

740-810

730-810

-10/0

Ex-factory price

South China

960-1080

960-1080

0/0

Can price

Shandong

700-770

700-770

0/0

Current exchange rate

Zhejiang

1005-1030

1005-1030

0/0

-

Jiangsu Province

820-860

820-860

0/0

Delivery price

Tianjin

2300-2400

2300-2400

0/0

A discount of 100%

Anhui Province

830-850

830-850

0/0

Ex-factory price

Henan

2400-2650

2400-2650

0/0

A discount of 100%

50% ionic membrane alkali

North China

1160-1280

1160-1280

0/0

Ex-factory price

Hebei

1270-1295

1270-1295

0/0

Ex-factory price

Shandong

1160-1210

1160-1210

0/0

Current exchange rate

Tianjin

2500-2550

2500-2550

0/0

A discount of 100%

Southwest

3100-3300

3100-3300

0/0

A discount of 100%

99% tablet alkali

Northwest

2700-2850

2700-2850

0/0

Ex-factory price

Shandong

3200-3350

3200-3350

0/0

Ex-factory price

45% ionic membrane alkali

Northeast China

1680-1750

1680-1750

0/0

Ex-factory price

49% ionic membrane alkali

Jiangsu Province

1250-1350

1250-1350

0/0

Ex-factory price

30% ionic membrane alkali

Southwest

900-630

900-630

0/0

-

48% ionic membrane alkali

Henan

2700-2800

2700-2800

0/0

A discount of 100%

 

Caustic soda spot analysis:      today China's caustic soda market trend is relatively stable, the market does not see obvious fluctuations, the first day after the festival industry attitude is more cautious, mainly wait-and-see market, only sporadic price adjustment in individual regions. Today, the price of liquid alkali is stable in most areas, and the price is mainly adjusted flexibly in some areas. from the point of view of price adjustment in various regions, 32% of ionic membrane alkali has individually dropped by 10 yuan per ton, while the prices of other concentrations of alkali have remained almost stable, and the price range has not been significantly adjusted. The enthusiasm of receiving goods downstream of individual areas is poor, the local downstream demand is insufficient to follow up after the festival, and the inventory pressure of caustic soda enterprises is greater, so the market transaction price center of gravity moves down mainly. Downstream demand in most other areas is flat, although inventory has increased during the holiday period, but the overall relatively within a reasonable range, the market transaction is general, the overall situation is relatively stable, so the price has not changed significantly. The upstream production enterprises individually adjust the ex-factory price, most manufacturers wait and see to stabilize the price, and the mentality is relatively cautious. Today, there is no obvious change in the tablet alkali market as a whole, the market transaction situation is flexible, and the regional market prices are mainly consolidated. On the first day after the festival, the new price has not been announced by the manufacturers, the pre-sale of the enterprise is OK, the flake alkali plant in some areas is in the parking stage, and most of the devices operate stably. The attitude of the operators on the first day after the festival is more cautious, and the wait-and-see atmosphere is strong.

 

Caustic soda futures analysis:    has no futures on Sunday, February 18.

 

Caustic soda index analysis: according to Tdd-global data, China's caustic soda index fell by 0.482% to 2632.42, down 12.74%, while China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Spot: on the first day after the Spring Festival, the market operation is relatively stable, there is no obvious change in each region, the price adjustment mentality of operators is more cautious, most of them hold a wait-and-see mentality. The parking device before the Spring Festival is planned to be restored today (February 18), and there will be a regional increase in supply in the later period, which will have a negative impact on the local caustic soda price. there is no obvious planned maintenance device in February after the festival, and the previous burden reduction or parking device may return to normal one after another. in addition, the inventory of some enterprises accumulated during the Spring Festival, the supply side as a whole or showed bad, downstream demand currently maintains the previous level, procurement enthusiasm is general. We also need to pay attention to the recovery of post-holiday demand. It is expected that the price of caustic soda may change regionally in the short term.

 

Market price of liquid chlorine:

Summary of market price (unit: yuan / ton)

Area

February seventh

February eighteenth

Rise and fall

Remarks

Northeast China

1-100

1-100

0/0

Tank car quotation

Shandong province

-100-1

1-100

101/99

Tank car quotation

Zhejiang Province

500-600

500-600

0/0

Tank car quotation

East China region

-400-1

-400-1

0/0

Tank car quotation

Southwest China

400-600

400-600

0/0

Tank car quotation

Central China

100-200

100-200

0/0

Tank car quotation

Inner Mongolia

1-100

1-100

0/0

Tank car quotation

Anhui province

300-400

300-400

0/0

Tank car quotation

Hebei Province

-100-100

1-200

101/100

Tank car quotation

 

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index rose 22.11%, or 15.91%, to 161.11 on February 18. China's liquid chlorine index rose.