Caustic soda weekly: There are differences in pricing mentality between regions, and prices are mixed

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	May eighteenth	May twenty _ fifth	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	1200-1270	1200-1270	0/0	Ex-factory price
	Northwest	750-790	735-755	-15/-35	Ex-factory price
	North China	820-950	820-950	0/0	-
	Hebei	840-890	840-920	0/30	Ex-factory price
	South China	890-1050	880-1050	-10/0	Can price
	Shandong	810-850	810-890	0/40	Current exchange rate
	Zhejiang	910-950	910-950	0/0	-
	Jiangsu Province	770-870	820-870	50/0	Delivery price
	Tianjin	2850-2900	2850-2900	0/0	A discount of 100%
	Anhui Province	850-900	860-950	10/50	Ex-factory price
	Henan	3000-3100	3000-3100	0/0	A discount of 100%
50% ionic membrane alkali	North China	1220-1900	1200-1900	-20/0	Ex-factory price
	Hebei	1300-1900	1280-1900	-20/0	Ex-factory price
	Shandong	1220-1280	1260-1320	40/40	Current exchange rate
	Tianjin	2800-3000	2750-3000	-50/0	A discount of 100%
	Southwest	3600-3900	3600-3900	0/0	A discount of 100%
99% tablet alkali	Northwest	2600-3200	2800-3250	200/50	Ex-factory price
	Shandong	3150-3400	3150-3400	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	1210-1450	1240-1450	30/0	Ex-factory price
30% ionic membrane alkali	Southwest	1050-1140	1050-1140	0/0	-
48% ionic membrane alkali	Henan	3200-3350	3200-3350	0/0	A discount of 100%

 

Spot analysis of caustic soda:    this week there are differences in the trend of the caustic soda market and different directions of price adjustment, but the overall market trend is better than the previous period, the overall trading atmosphere of the market is OK, the downstream demand remains lukewarm, the prices of the liquid alkali market rise and fall each other, and the tablet alkali market is mainly upward. Specifically:

Liquid alkali market:    this week, the trend of liquid alkali market is different, the direction of price adjustment in each region is different, prices rise and fall co-exist in the price market, some operators maintain a wait-and-see mentality, price adjustment is more cautious. From the perspective of price adjustment in various regional markets, 32% of ionic membrane bases are individually reduced by 10-35 yuan / ton, some by 10-50 yuan / ton, 50% by 20-50 yuan / ton, individually by 40 yuan / ton, 49% by 30 yuan / ton, and the prices of other concentrations of alkali are temporarily stable. First of all, there are mixed ups and downs in the low concentration alkali market, and the price rise in some areas is mainly due to the fact that the devices with maintenance plans have been put on the agenda and implemented step by step, the expected reduction in supply in some areas and the weak demand downstream in some areas. the enterprise shipment situation is not ideal, in order to ensure the enterprise shipment to reduce the shipping price, so the market transaction price center of gravity moves down. The price of high concentration alkali rises and falls mutually. First of all, the price of high concentration alkali falls mainly at the beginning of the week. The trading atmosphere of the high concentration alkali market in the main producing areas is general, the overall performance of demand is poor, and the shipments of manufacturers are not ideal, so the price is reduced, mainly in some surrounding areas. The maintenance supply of individual devices in the high concentration alkali market in the middle of the week is reduced, and the enterprise inventory pressure is not great, and the order signing is OK, so the price is mainly raised. Generally speaking, there are differences in the overall market trend during the week, and there are no factors to guide the market trend in some areas. The upstream production enterprises partially adjust the ex-factory quotation, the quotation mentality is different, some manufacturers wait and see to stabilize the price, and the price adjustment is more cautious.

 

 

Tablet alkali market:    this week the overall atmosphere of the tablet alkali market is OK, and the overall price is mainly rising. First of all, the overhaul supply of some flake caustic soda units in Northwest China was reduced during the week, which supported the market in some areas. the shipping situation of enterprises in some areas was relatively mild, the enthusiasm of receiving goods downstream was higher than that in the previous period, and the signing of orders by manufacturers was OK. Therefore, the market transaction price center of gravity in individual areas has mainly moved up, and the price of new orders in Northwest China has been raised in the middle of the week, and some manufacturers have been boosted by this. Market transaction price center of gravity moved up, the overall trend of the alkali market is better this week, the supply side reduces to support the market, downstream demand is lukewarm.

 

 

China caustic soda index:    according to Tuduoduo data, China's caustic soda spot index was 2579.56 on May 25, up 21.02% from the beginning of the week. China's caustic soda index rose during the week.

 

 

Device changes during the week:

Start-up of caustic soda plant in China
Enterprise name	Device dynamics
Aviation brocade science and technology	The plant is scheduled to stop for overhaul from May 20 to 26.
Jining Bank of China	The plant is scheduled to stop for overhaul from May 25 to 30.
Shaanxi Beiyuan	The plant is scheduled to stop and overhaul in late May.
Jianghan oil field	The plant is scheduled to be overhauled by the end of May
Yibin Tianyuan	The plant is scheduled to be overhauled at the end of May or early June.
Lutai chemistry	The plant is scheduled to stop for 5-7 days for maintenance on June 2.
Heilongjiang Haohua	The plant is scheduled to be overhauled in early June.
Jiangsu is rich and strong	The plant is scheduled to be overhauled in early June.
Inner Mongolia Yihua	The device is scheduled to be overhauled for about 10 days on June 10.
Shanghai chlor-alkali	The plant is scheduled to stop and overhaul for about one month in mid-June.
Medium salt Jilantai	The plant is scheduled to be overhauled for 7-10 days on June 26.
Xinpu chemistry	The plant is scheduled to be rotated in June
Dezhou Shihua	The plant is scheduled to be overhauled at the end of June or early July.

 

Change in operating rate during the week: the operating rate of caustic soda plant in China is about 82.1%.

 

 

Post-caustic soda forecast:    this week there are differences in the trend of the caustic soda market, liquid alkali market ups and downs, but the overall improvement, tablet caustic soda market to maintain an upward trend, new unit prices and market transaction prices in some areas are up. In the later stage, first of all, the raw salt market still has a downward trend on the cost side, the price has moved down regionally, and the raw material cost of caustic soda procurement has decreased slightly. From a fundamental point of view, at the end of May, the supply side has not yet entered the maintenance period of about 1.85 million tons, and the equipment announced for maintenance in June involves a production capacity of about 3.47 million tons, so the supply side is expected to continue to decrease or form a relatively good support for the market. Supply is still good in the face of the market. On the demand side, the downstream demand is still dominated by rigid demand procurement, the demand side has not significantly improved, and there is no obvious volume of actual single transactions in the market, but with the rise of caustic soda prices, the procurement enthusiasm of some downstream enterprises has increased. Recently, some alumina enterprises in the southern region have concentrated production reduction and maintenance, the demand for caustic soda procurement in this area has decreased to a certain extent, the market transaction is poor, and the capacity utilization rate in some areas has increased. The purchase of caustic soda has increased, the downstream demand shows regional differences, other areas mostly maintain a lukewarm state, the demand is different in the regional impact of the caustic soda market, but as a whole or more to maintain the previous situation. On the whole, under the support of the supply side, the caustic soda market has an upward trend, but affected by the weak demand side, the rising space may be limited.

 

Upstream raw salt analysis:    raw salt market continues to be weak this week, some areas of the market transaction price center of gravity moved down mainly, the overall market trend is not good. The price of sea salt market showed a trend of regional decline during the week, the market supply increased, and the downstream demand remained stable, so the price was mainly reduced, while some regional operators remained on the sidelines. The turnover of the well and mineral salt market is poor, the downstream demand is weak, the enterprise shipping situation is not ideal, the enterprise reduces the shipping quotation in order to promote the shipment. The performance of both supply and demand in the lake salt market is moderate, the overall market trend is relatively stable, the downstream demand maintains the previous level, most operators have a strong wait-and-see mood, and the price adjustment mentality is more cautious.

 

Downstream alumina price:

Alumina price this week (unit: yuan / ton)
Area	Specifications	May eighteenth	It's May 24th	Rise and fall	Amplitude
Shandong	A0-1	2950	2935	-15	-0.51%
Henan	A0-1	2895	2870	-25	-0.86%
Shanxi Province	A0-1	2875	2860	-15	-0.52%
Guangxi	A0-1	2780	2780	0	0.00%
Guizhou	A0-1	2835	2835	0	0.00%
Southwest	A0-1	3220	3205	-15	-0.47%
Inner Mongolia	A0-1	2915	2900	-15	-0.51%

 

Market Analysis of liquid chlorine:    After a brief rise this week, the liquid chlorine market began to decline frequently, the overall market atmosphere remained weak, the local market maintained a wait-and-see attitude, and the price adjustment mentality was more cautious. The cumulative decline in each region during the week was 50-200 yuan / ton. first of all, the liquid chlorine market showed an upward trend at the beginning of the week, some chlorine consumption downstream industries increased the starting load, the demand for liquid chlorine procurement increased, and the market trading atmosphere was better. Since Tuesday, the market has continued its previous downward trend, some maintenance devices have been restored one after another, the market supply has increased, the purchasing enthusiasm in the lower reaches is not good, and the shipping situation of enterprises in some areas is not ideal, so prices have fallen, and after prices in the main producing areas have fallen, prices in some surrounding areas have mainly fallen, with strong wait-and-see sentiment in local markets, and prices have not been significantly adjusted.

  

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index was 55.67 on May 25, down 92.33 or 62.39% from the beginning of the week. China's liquid chlorine index fell this week.