Caustic soda weekly: During the week, there were differences in supply and demand in various regions, downstream demand was flat, and prices were flexibly adjusted
Market price of caustic soda:
Summary of market price of caustic soda (unit: yuan / ton) |
|||||
Specifications |
Market |
June eighth |
June fifteenth |
Rise and fall |
Remarks |
32% ionic membrane alkali |
Northeast China |
1200-1270 |
1200-1270 |
0/0 |
Ex-factory price |
Northwest |
735-755 |
765-785 |
30/30 |
Ex-factory price |
|
North China |
770-950 |
760-950 |
-10/0 |
- |
|
Hebei |
800-950 |
770-930 |
-30/-20 |
Ex-factory price |
|
South China |
870-1000 |
870-1000 |
0/0 |
Can price |
|
Shandong |
770-920 |
750-870 |
-20/-50 |
Current exchange rate |
|
Zhejiang |
960-1000 |
960-1000 |
0/0 |
- |
|
Jiangsu Province |
850-920 |
780-900 |
-70/-20 |
Delivery price |
|
Tianjin |
2720-2800 |
2670-2700 |
-50/-100 |
A discount of 100% |
|
Anhui Province |
860-950 |
860-950 |
0/0 |
Ex-factory price |
|
Henan |
2950-3000 |
2950-3000 |
0/0 |
A discount of 100% |
|
50% ionic membrane alkali |
North China |
1220-1900 |
1210-1900 |
-10/0 |
Ex-factory price |
Hebei |
1260-1900 |
1260-1900 |
0/0 |
Ex-factory price |
|
Shandong |
1200-1260 |
1210-1280 |
10/20 |
Current exchange rate |
|
Tianjin |
2720-2800 |
2670-2800 |
-50/0 |
A discount of 100% |
|
Southwest |
3600-3900 |
3400-3700 |
-200/-200 |
A discount of 100% |
|
99% tablet alkali |
Northwest |
2800-3250 |
2800-3100 |
0/-150 |
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 |
1230-1350 |
-80/-100 |
Ex-factory price |
30% ionic membrane alkali |
Southwest |
1050-1140 |
1020-1100 |
-30/-40 |
- |
48% ionic membrane alkali |
Henan |
3200-3250 |
3200-3250 |
0/0 |
A discount of 100% |
Caustic soda spot analysis: caustic soda market as a whole maintained a downward trend this week, prices in some areas rose slightly, the overall trading atmosphere of the market was poor, the performance of downstream demand was general, and it was difficult to change the market weakness in most areas. Specifically:
Liquid alkali market: this week, prices in most areas of the liquid alkali market continued to fall mainly, prices in some areas rose slightly, local operators had a strong wait-and-see mood, and price adjustments were more cautious. From the perspective of price adjustment in various regional markets, 32% of ionic membrane bases have individually increased by 30 yuan / ton, most of them have dropped by 10-100 yuan / ton, 50% of ion-exchange membrane bases have been down-regulated by 10-200 yuan / ton, individually by 10-20 yuan / ton, 30% by 30-40 yuan / ton, 49% by 80-100 yuan / ton, and the prices of other concentrations of bases have been temporarily stable. During the period of last Friday, the fluctuation of the regional price range was not obvious, and the market supply and demand was basically stable; this week, the regional market flexibly adjusted the price, and the chlor-alkali plant in some areas was still under maintenance, which played a supporting role in the local liquid alkali price. the price is mainly increased; the start-up of local enterprises has slightly improved, and the local liquid-alkali supply has increased, but the downstream demand is light, and the enterprise shipment is poor, so the price is mainly reduced. During the week, an alumina factory in the lower reaches of Shandong continued to reduce the purchase price of liquid alkali, and most of the market prices were lowered, and prices fell mainly in some surrounding areas; the performance of downstream demand in most areas was weak, and the actual procurement situation was not good; the market transaction situation was poor, and the enterprise shipment situation was not ideal, so the price was mainly reduced. The price increase of individual high concentration alkali was mainly boosted by an increase in orders. The market fundamentals in some areas are relatively stable, there are no other factors that affect the market trend, and the market transaction price range has not changed significantly. 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 operation of the tablet alkali market is weak, the enthusiasm of receiving goods downstream is poor, the shipping situation of traders in the market is not ideal, the market transaction atmosphere is weak, and the center of gravity of transaction prices in some areas has shifted downwards. This week, most manufacturers in Northwest China announced a reduction in the new unit price. After the new order price was lowered, it has a certain drag on the mentality of market operators in most areas, and the actual transaction price range in the market is lower than that quoted by manufacturers. The market trend in some areas has not fluctuated obviously, the market transaction is more flexible, and the price adjustment is more cautious.
China caustic soda index: according to Tuduoduo data, China's caustic soda spot index was 2511.77 on June 15, down 46.72%, or 1.83%, from 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 will have a half-load rotation from May 25 and resume on June 10. |
Hubei Jianghan Oilfield |
The plant will be off from May 29 and will resume on June 10. |
Lutai chemistry |
The device was stopped for maintenance on June 2 and resumed on June 7. |
Shanxi Jintai |
The device will be overhauled from June 5 and is scheduled for about 10 days. |
Xinjiang Zhongtai (Fukang factory area) |
The device will be stopped for maintenance from June 6 and will be off for about 10 days. |
Ordos |
The device will be stopped and overhauled from June 6, with a plan of about 15 days. |
Jiangsu is rich and strong |
The device will be stopped and overhauled from June 7, with a plan of about 20 days. |
Xinpu chemistry |
The device will be stopped for maintenance from June 10 and will be off for about 45 days. |
Inner Mongolia Yihua |
The device will be stopped and overhauled from June 15, with a plan of about 10 days. |
Shanghai chlor-alkali |
The device will be stopped and overhauled from June 15, which will take about one month. |
Heilongjiang Haohua |
The device will be stopped and overhauled from June 25, and it will be scheduled for about a week. |
Dezhou Shihua |
The device will be stopped and overhauled from June 27, with a plan of about 5 days. |
Change in operating rate during the week: the operating rate of caustic soda plant in China is about 81.1%.
Prediction of the later stage of caustic soda:   Recently, the overall operation of the caustic soda market is weak, and prices in various regions have declined to varying degrees. This week, the devices with maintenance plans have been overhauled as planned. However, today, about 980000 tons of production capacity devices have entered the maintenance period, and some individual devices still have maintenance plans in late June, but they involve less production capacity and may have limited support to the local market. The regional benefits brought by the supply side to the market may not be as strong as expected in the later stage. It is expected that the overall supply will be more abundant next week. Downstream alumina enterprises start relatively stable, mainly maintain rigid demand for raw material procurement, but the profit situation of alumina industry is poor, losses have expanded, do not rule out the later price reduction behavior of caustic soda enterprises; the demand of other industries downstream is weak and stable, lack of market support, the possibility of short-term domestic demand or improvement is relatively small, rigid demand procurement still has support for the market. In the short term, the basic face of the market support is not obvious, it is expected that the short-term caustic soda market may maintain a weak operation.
Upstream raw salt analysis: raw salt market as a whole maintained weak and stable operation this week, the market fluctuation in most areas was small, the market situation in some areas declined slightly, and the transaction price fell mainly. 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 of well and mineral salt is weak and stable, the market transaction is general, the downstream maintains rigid demand procurement, the regional market is mainly wait-and-see, and the price adjustment is more cautious. 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 |
June seventh |
June fourteenth |
Rise and fall |
Amplitude |
Shandong |
A0-1 |
2920 |
2905 |
-15 |
-0.51% |
Henan |
A0-1 |
2825 |
2810 |
-15 |
-0.53% |
Shanxi Province |
A0-1 |
2825 |
2810 |
-15 |
-0.53% |
Guangxi |
A0-1 |
2780 |
2780 |
0 |
0.00% |
Guizhou |
A0-1 |
2835 |
2825 |
-10 |
-0.35% |
Southwest |
A0-1 |
3170 |
3155 |
-15 |
-0.47% |
Inner Mongolia |
A0-1 |
2890 |
2870 |
-20 |
-0.69% |
Liquid chlorine market analysis: liquid chlorine market showed an overall downward trend this week, the market transaction atmosphere is not good, compared with the same period last week, regional prices fell by 100-200 yuan / ton. First of all, the device overhaul brought some favorable support to individual regions last Friday, and prices in individual regions increased, but this week, device overhaul did not give much support to the market. Although there is still device maintenance, the overall performance of downstream demand is weak, the market trading atmosphere is weak, enterprise shipments are not ideal, the rise of market prices is blocked, prices in some areas fall mainly, there are still local quotations are relatively strong, price adjustment mentality is more cautious.
Summary of market price (unit: yuan / ton) |
||||
Area |
June eighth |
June fifteenth |
Rise and fall |
Remarks |
Northeast China |
400-500 |
400-500 |
0/0 |
Tank car quotation |
Shandong province |
-400-(-150) |
-500-(-300) |
-100/-150 |
Tank car quotation |
Zhejiang Province |
500-600 |
500-600 |
0/0 |
Tank car quotation |
East China region |
-300-(-200) |
-300-(-200) |
0/0 |
Tank car quotation |
Southwest China |
1000-1300 |
1000-1300 |
0/0 |
Tank car quotation |
Central China |
-300-(-100) |
-500-(-200) |
-200/-100 |
Tank car quotation |
Inner Mongolia |
1-100 |
1-100 |
0/0 |
Tank car quotation |
Anhui province |
-250-(-100) |
-250-(-100) |
0/0 |
Tank car quotation |
Hebei Province |
-300-(-200) |
-450-(-300) |
-150/-100 |
Tank car quotation |
Liquid chlorine index analysis: according to Tuduoduo data, China's liquid chlorine spot index was 83.44 on June 15, down 22.22 from the beginning of the week, by 21.03%. China's liquid chlorine index fell this week.