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
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) |
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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.