Caustic Caustic Weekly: Most prices have been lowered, and some have gone up briefly before giving up previous gains, and market transactions have been weak

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	June 1st	June eighth	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	1200-1270	1200-1270	0/0	Ex-factory price
	Northwest	735-755	735-755	0/0	Ex-factory price
	North China	820-950	770-950	-50/0	-
	Hebei	820-890	800-950	-20/60	Ex-factory price
	South China	870-1050	870-1000	0/-50	Can price
	Shandong	810-920	770-920	-40/0	Current exchange rate
	Zhejiang	950-980	960-1000	10/20	-
	Jiangsu Province	870-920	850-920	-20/0	Delivery price
	Tianjin	2850-2900	2720-2800	-130/-100	A discount of 100%
	Anhui Province	860-950	860-950	0/0	Ex-factory price
	Henan	3000-3100	2950-3000	-50/-100	A discount of 100%
50% ionic membrane alkali	North China	1260-1900	1220-1900	-40/0	Ex-factory price
	Hebei	1280-1900	1260-1900	-20/0	Ex-factory price
	Shandong	1220-1320	1200-1260	-20/-60	Current exchange rate
	Tianjin	2750-3000	2720-2800	-30/-200	A discount of 100%
	Southwest	3600-3900	3600-3900	0/0	A discount of 100%
99% tablet alkali	Northwest	2800-3250	2800-3250	0/0	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	1310-1450	1310-1450	0/0	Ex-factory price
30% ionic membrane alkali	Southwest	1050-1140	1050-1140	0/0	-
48% ionic membrane alkali	Henan	3200-3350	3200-3250	0/-100	A discount of 100%

 

Caustic soda spot analysis:    caustic soda market trend this week differentiation, price adjustment in different directions, but the overall downward trend of the market, the overall trading atmosphere of the market is poor, downstream demand to maintain a lukewarm state. Specifically:

Liquid alkali market:    this week there are differences in the trend of liquid alkali market, prices in some areas vary, there are still some operators wait and see, price adjustment is more cautious. From the perspective of price adjustment in various regional markets, 32% of ionic membrane bases individually increased by 10-60 yuan / ton, some fell by 20-130 yuan / ton, 50% of ion-exchange membrane bases decreased by 20-200 yuan / ton, and 48% of ion-exchange membrane bases decreased by 100 yuan / ton, and the prices of other concentrations of bases were temporarily stable. First of all, at the beginning of June, some regions announced that the purchase price of alumina in June was mainly reduced, and during the week, the liquid alkali purchase price of a large alumina enterprise in Shandong was lowered, and the reduction of alumina purchase price was bad for the market. The price has been reduced to varying degrees; the downstream demand in some areas is poor, the shipment situation of traders is not ideal, the market transaction is weak, and the center of gravity of the transaction price has moved down. In addition, the price of high concentration alkali is reduced, the shipment of high concentration alkali in some areas is not good, the downstream demand is weak and stable, and the merchants reduce the shipping price to promote the transaction. While the low concentration alkali in individual areas is expected to reduce the supply of equipment maintenance supplies, the enthusiasm of receiving goods downstream has increased, which to a certain extent boosted the quotation confidence of businessmen, and the price rose mainly, but affected by the price depression of alumina downstream of the main producing areas, the market will vomit a certain increase in the early stage near the weekend; there are no factors affecting the market trend in other areas, and the market operation is relatively stable. Some of the upstream production enterprises adjust the ex-factory quotation, and there are some differences in quotation mentality, and most manufacturers wait and see to stabilize the price.

 

 

Tablet alkali market:    this week the trend of the tablet alkali market fluctuation is not obvious in most areas, the market transaction atmosphere is more flexible, local market transaction prices vary. First of all, the enthusiasm of receiving goods downstream of individual areas is poor, the market transaction situation is not ideal, and the price center of market transaction has moved downwards; although the downstream demand in the local market remains lukewarm, the inventory pressure of enterprises is not great, which supports the local market, and the market transaction price has risen slightly. During the week, most manufacturers in the northwest region announced that there was no obvious change in the new order quotation this week, maintaining the level of last week, the pre-sale situation of manufacturers was normal, and the downstream demand was stable. As a whole, price adjustment was mainly based on regional market prices, and the mentality of price adjustment was relatively cautious.

 

 

China caustic soda index:    according to Tuduoduo data, China's caustic soda spot index was 2553.26 on June 8, down 22.2%, or 0.86%, compared with the beginning of the week.

 

 

Device changes during the week:

Start-up of caustic soda plant in China
Enterprise name	Device dynamics
Yibin Tianyuan	The plant has a half-load rotation on May 25 and is scheduled to resume on June 10.
Lutai chemistry	The plant is scheduled to stop for 5-7 days for maintenance on June 2.
Jiangsu is rich and strong	The device will be overhauled on June 7 and is expected to take about 20 days.
Inner Mongolia Yihua	The device is scheduled to be overhauled for about 10 days on June 10.
Xinpu chemistry	The plant is scheduled to be rotated for about 45 days on June 10.
Shanghai chlor-alkali	The plant is scheduled to stop and overhaul for about one month on June 15.
Heilongjiang Haohua	The device is scheduled to stop for maintenance for about 7 days on June 25.
Medium salt Jilantai	The plant is scheduled to be overhauled for 7-10 days on June 26.
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 81.52%.

 

 

Prediction of the later stage of caustic soda:    From a fundamental point of view, at present, some devices on the supply side have been overhauled, but the maintenance cycle is relatively short, which has failed to form a long-term and effective support to the market. Although prices in some areas have risen briefly under the device overhaul, they have failed to resist the negative dominance. The previous increase will be released on Thursday, while in June, some devices will begin to enter the maintenance period this weekend, involving a production capacity of about 2.75 million tons. At that time, there may still be temporary support for the local market, and the price may rise slightly, while the plant in other areas will start normally, and the supply of goods may be adequate, so it will be difficult to support the market. The demand downstream of the demand side maintains the rigid demand procurement mainly, the early maintenance equipment of the downstream alumina enterprises in some areas of the south has been restored, and the production has begun to be increased, and the purchase quantity may be increased compared with the previous period, but it is still supported by rigid demand as a whole or as a whole. Recently, southwest electrolytic aluminum enterprises have signs of resuming production, or indirectly increase the purchase of caustic soda, alumina demand or regional increase. The demand of other industries downstream is expected to change little. To sum up, there are differences in supply and demand in different regions of the caustic soda market, prices or adjustment directions are different, and it is expected that there may be differences in the trend of regional markets in the short term.

 

Upstream raw salt analysis:    raw salt market as a whole is weak and stable this week, the market fluctuation in most areas is small, the market situation in some areas is slightly downward, and the transaction price is mainly down. The sea salt market continues to show a regional downward trend, the market operation in some regions is relatively sluggish, prices fall mainly, and local operators wait and see. The market trend of well and mineral salt is weak, the market transaction is poor, the downstream demand is relatively weak, and the shipping situation of enterprises is not ideal, so lower prices to promote shipments. The trend of the lake salt market is relatively stable, and the supply and demand side of the market is relatively stable. Most operators maintain a wait-and-see mentality and give priority to price stability.

 

Downstream alumina price:

Alumina price this week (unit: yuan / ton)
Area	Specifications	May 31st	June seventh	Rise and fall	Amplitude
Shandong	A0-1	2920	2920	0	0.00%
Henan	A0-1	2845	2825	-20	-0.70%
Shanxi Province	A0-1	2840	2825	-15	-0.53%
Guangxi	A0-1	2780	2780	0	0.00%
Guizhou	A0-1	2835	2835	0	0.00%
Southwest	A0-1	3190	3170	-20	-0.63%
Inner Mongolia	A0-1	2890	2890	0	0.00%

 

Liquid chlorine market analysis:    liquid chlorine market as a whole showed a trend of first falling and then rising this week. The market trading atmosphere is weak and the downstream demand is poor. Compared with the same period last week, the cumulative increase in each region is 50-200 yuan / ton. During the week, the plant load in some downstream chlorine consumption industries in the main producing areas decreased slightly, the purchase volume decreased, and the demand performance was relatively light, resulting in an increase in the shipping pressure of liquid chlorine enterprises, so the enterprises lowered shipping prices to promote shipments. the market transaction price center of gravity in most areas moved downwards; prices in individual areas increased in the middle of the week, mainly supported by individual manufacturers' parking maintenance of chlor-alkali equipment on the local market, so the price went up mainly. The local market maintained a stable trend, the price has not been significantly adjusted; near the weekend, the market wait-and-see mood is strong, the regional market operation is stable, the mentality is cautious.

  

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index was 116.78 on June 8, down 16.67 from the beginning of the week, or 12.49%. China's liquid chlorine index fell this week.