Caustic soda weekly: Prices have continued to rise, and the purchase price of alumina has been raised twice. There is obvious positive support in the market

85,116
September 14, 2023, 4:00 PM


Market price of caustic soda:

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

Specifications

Market

September seventh

September fourteenth

Rise and fall

Remarks

32% ionic membrane alkali

Northeast China

950-1300

1100-1400

150/100

Ex-factory price

Northwest

752-768

864-896

112/128

Ex-factory price

North China

770-910

840-950

70/40

-

Hebei

830-840

920-950

90/110

Ex-factory price

South China

990-1200

1040-1200

50/0

Can price

Shandong

780-835

840-930

60/95

Current exchange rate

Zhejiang

1030-1050

1030-1050

0/0

-

Jiangsu Province

830-880

930-960

100/80

Delivery price

Tianjin

2700-2800

2900-3000

200/200

A discount of 100%

Anhui Province

900-920

900-920

0/0

Ex-factory price

Henan

2700-3050

2700-3050

0/0

A discount of 100%

50% ionic membrane alkali

North China

1360-1850

1580-1850

220/0

Ex-factory price

Hebei

1400-1850

1640-1850

240/0

Ex-factory price

Shandong

1340-1400

1580-1640

240/240

Current exchange rate

Tianjin

2900-2980

3050-3400

150/420

A discount of 100%

Southwest

3400-3500

3550-3650

150/150

A discount of 100%

99% tablet alkali

Northwest

3100-3400

3200-3450

100/50

Ex-factory price

Shandong

3350-3450

3550-3650

200/200

Ex-factory price

45% ionic membrane alkali

Northeast China

1680-1750

1680-1750

0/0

Ex-factory price

49% ionic membrane alkali

Jiangsu Province

1310-1380

1540-1600

230/220

Ex-factory price

30% ionic membrane alkali

Southwest

990-1020

1025-1085

35/65

-

48% ionic membrane alkali

Henan

3100-3350

3100-3350

0/0

A discount of 100%

 

Caustic soda spot analysis:    caustic soda market continues to rise this week, but the overall rise is relatively limited, and wait-and-see mood has increased, prices rose in some areas during the week, prices fell in some areas, and there is a certain difference between supply and demand. Specifically:

Liquid alkali market:    liquid alkali market prices have risen almost across the board this week, prices in various regions have been raised to varying degrees, and the increase is obvious compared with the previous period, the market mentality is positive, and the market trading atmosphere is better. From the perspective of price adjustment in various regional markets, 32% of the ionic membrane alkali rose 40-200 yuan / ton, 30% of the ionic membrane alkali increased 35-65 yuan / ton, 50% of the ionic membrane alkali increased 150-420 yuan / ton, 49% of the ionic membrane alkali rose 220-230 yuan / ton, and the prices of other concentrations of alkali were temporarily stable. First of all, the purchase price of liquid alkali in the lower reaches of Shandong Province has been raised twice in a week, with a cumulative increase of 70 yuan per ton, which has obvious support to the local market. The barycenter of local market transaction has mainly moved up, and some surrounding areas have been affected by this. Prices mainly follow the rise. During the week, the inventory of enterprises in most areas is relatively low, the inventory pressure is not great, and some devices have maintenance plans in the later stage, the supply has obvious support in the face of the local market, and the price is mainly rising. Downstream receiving enthusiasm is OK, manufacturers and traders ship goods more smoothly, the overall market transaction atmosphere is better, coupled with the increase in export orders of some enterprises, manufacturers' quotations have been raised in different degrees, which also has a certain support for the market transaction price. The quotations of manufacturers in most areas of upstream production enterprises have been raised by different degrees, and the adjustment range and frequency are the most obvious in Shandong area.

 

 

Tablet alkali market:    This week, the tablet alkali market continues to show an upward trend, the market transaction atmosphere is relatively flexible, the pre-sale performance of the manufacturers is OK, the mentality of the price is strong, the inventory pressure of the tablet alkali enterprises is not great during the week, and there is not much supply on the supply side to support the market. and the market transaction price center of gravity has also moved up mainly, Shandong area tablet alkali factory quotation is more obvious, some enterprises in the northwest region raised the factory quotation. The market transaction atmosphere is OK in most areas, the market transaction price is slightly higher than the ex-factory quotation, the change of supply and demand in some areas is not obvious, the operators wait and see the market, and the market transaction price does not change much.

 

 

China caustic soda index:    according to Tuduoduo data, the Chinese caustic soda spot index was 2868.68 on Sept. 14, up 149.32, or 5.49%, compared with the beginning of the week.

 

 

Device changes during the week:

Start-up of caustic soda plant in China

Enterprise name

Device dynamics

Yantai Wanhua

The caustic soda plant was overhauled for about a month on August 20.

Xinjiang Zhongtai (Toksun factory area)

The caustic soda plant was stopped for maintenance on September 1 and is expected to resume on September 15.

Inner Mongolia Chenghongli

The caustic soda plant was stopped and overhauled for about 7 days on September 12

Salt normalization in Jiangsu Province

The caustic soda plant was stopped for maintenance from September 18 to 25.

Shanxi Jintai

The caustic soda plant was put into operation around September 20.

Dongying Jinmao

The caustic soda plant is scheduled to be overhauled for 20 days in mid-late October.

Three friends of Tangshan

Caustic soda plant is scheduled to be overhauled in October

Shandong Xinfa Old Factory

Caustic soda plant is scheduled to be overhauled in October

Dongming, Shandong Province

Caustic soda plant is scheduled to be overhauled in October

Tianjin Lejin Bohai Sea

Caustic soda plant is scheduled to be overhauled in November

Guangxi Huayi

Caustic soda plant is scheduled to be overhauled at the beginning of November

 

Change in operating rate during the week: the operating rate of caustic soda plant in China is about 78.7%.

 

 

Caustic soda later forecast:    gold nine more than half, caustic soda market finally caught up with the pace of gold nine this week, the price is mainly raised in an all-round way. In the later stage, on the supply side, there is little pressure on enterprises in various regions of the market, and the supply of goods is in a state of regional tension. In late September, only individual caustic soda plants have maintenance plans, but there are large-scale activities in East China in late September. It is understood that at that time, there will be a negative reduction in caustic soda plants in Hangzhou and other surrounding areas, a reduction in local supply is expected, and transportation will be restricted to a certain extent. The supply side as a whole brings strong positive support to the local market, while individual enterprises have plans to put new production capacity into production in late September, the supply there has increased, and the supply side as a whole shows regional differences in operation. Demand side downstream procurement demand performance is OK, approaching the National Day Mid-Autumn Festival short holiday, traders and downstream begin to enter the preparation period next week, local procurement demand may be expected to increase, which is good for the market. In addition, downstream alumina procurement prices have been raised twice this week, and later on, we need to pay attention to the adjustment of downstream alumina procurement prices. In addition, in terms of market mentality, under the influence of buying up but not buying down, the market activity is higher than the previous period, and the trading atmosphere is relatively good. At present, the bullish mood of the industry is still high. To sum up, it is expected that the short-term caustic soda market still has room to rise. In addition, tomorrow (September 15) caustic soda futures appear on the market, we need to pay attention to the futures trend.

 

Upstream raw salt analysis:    raw salt market showed an obvious upward trend this week, raw salt prices in most areas increased to varying degrees, individual prices remained stable, there was no obvious adjustment. The center of gravity of the sea salt market transaction price has moved upward, the start-up of the downstream two alkali units is stable, and the procurement demand is relatively stable, supporting the price rise. The reserve atmosphere in the lower reaches of the well and mineral salt market is relatively active, the market transaction performance is considerable, and the market transaction price range is rising. Compared with the sea salt and well salt market, the performance of the lake salt market is relatively stable, the market execution is mainly long order, the downstream demand is mild, the transaction situation maintains the previous level, and the price has not been significantly adjusted.

 

Downstream alumina price:

Alumina price this week (unit: yuan / ton)

Area

Specifications

September sixth

September thirteenth

Rise and fall

Amplitude

Henan

A0-1

2940

2945

5

0.17%

Shandong

A0-1

2910

2910

0

0.00%

Shanxi Province

A0-1

2930

2930

0

0.00%

Guangxi

A0-1

2935

2935

0

0.00%

Guizhou

A0-1

2915

2920

5

0.17%

Southwest

A0-1

3280

3280

0

0.00%

Inner Mongolia

A0-1

2930

2930

0

0.00%

 

Liquid chlorine market analysis:    liquid chlorine market rose sharply this week, most regional markets showed varying degrees of increase, compared with the same level last week, liquid chlorine price adjustment: the cumulative increase of 50-500 yuan / ton in most areas, prices in some areas have not been significantly adjusted. The plant load of the enterprises in the main production areas has been reduced, the supply reduction has supported the market, and the downstream demand performance is relatively OK, the purchasing enthusiasm is high, the enterprise shipment is relatively smooth, and the market transaction atmosphere is more active. the demand side also brings obvious support to the market. After the prices in the main producing areas have risen, the prices in some surrounding areas have also risen. The price of liquid chlorine fell in some regions on Thursday, and the wait-and-see mood in the market increased. In the later period, Jinjiu still has expectations, the supply side is negative, the downstream demand may be steadily increasing, and the price may still have room to rise.

Summary of market price (unit: yuan / ton)

Area

September seventh

September fourteenth

Rise and fall

Remarks

Northeast China

1-300

500-600

499/300

Tank car quotation

Shandong province

100-250

600-800

500/350

Tank car quotation

Zhejiang Province

500-600

500-600

0/0

Tank car quotation

East China region

1-100

350-450

349/350

Tank car quotation

Southwest China

400-600

400-600

0/0

Tank car quotation

Central China

100-300

450-600

350/300

Tank car quotation

Inner Mongolia

-300-100

-300-100

0/0

Tank car quotation

Anhui province

50-200

100-300

50/100

Tank car quotation

Hebei Province

1-300

500-600

499/300

Tank car quotation

  

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index was 455.56 on September 14, up 116.67 from the beginning of the week, with a range of 32.43%. China's liquid chlorine index rose this week.