Price trend

According to the monitoring data of toodudu, the price of flake caustic soda rose first and then fell in March, with an overall downward trend. At the beginning of the month, the average market price was around 4,100 RMB/ton, while at the end of the month, the average market price was 3,583.33 RMB/ton, with a price decrease of 12.6%, and down 8.9% compared to the same period last year. As of the 31st, the domestic flake caustic soda market maintained a consolidation trend.

Upstream caustic soda

According to the monitoring data of toodudu, the price of caustic soda fell first and then rose in March, with an overall downward trend. At the beginning of the month, the average price in the Shandong market was 916 RMB/ton, while at the end of the month, the average price in the Shandong market was about 866 RMB/ton, with a price decrease of 5.46%, and a price decrease of 31.13% compared to the same period last year. According to survey data from toodudu, the price of caustic soda rose first and then fell this month. As of the 31st, the mainstream average price in the Shandong market was around 830-890 RMB/ton.

Market outlook

Analysts from toodudu believe that the recent price of flake caustic soda has been consolidated and the trading atmosphere was general. The market shipping price was relatively flexible, and the overall shipment was acceptable. Recently, the purchasing enthusiasm of the downstream market was general. From a comprehensive perspective, the price of flake caustic soda may be stable and consolidated in the short term, depending on the downstream market demand.

If you have any questions, please feel free to contact toodudu with tdd-global@toodudu.com.