The domestic caustic soda market is basically stable, and the new single price of some manufacturers in Northwest China has declined slightly, and some ultra-low prices appear in the market. In terms of liquid chlorine, the continuous decrease of the local downstream purchase price led to a sharp decline in the market price in North China, and the market in other regions in China was basically stable. The domestic chlor alkali market is basically stable. Up to now, the market situation of caustic soda in various regions is as follows: Area Specifications Quotations (RMB/ton) Ups and downs North China 32% ionic membrane alkali 870 0 Southeast China 32% ionic membrane alkali 885 0 Shangdong 32% ionic membrane alkali 610 -30 Jiangsu 32% ionic membrane alkali 700 -30 South China 32% ionic membrane alkali 900 0 Northwest China 32% ionic membrane alkali 648 0   If you have any questions, please feel free to contact toodudu with tdd-global@toodudu.com.

In early April, Hydrochloric Acid (HCl) prices in the European market stabilized after a period of narrow fluctuations. However, the previous month saw robust HCl prices, increasing approximately 10% on a month-on-month basis. This significant increase was propelled by elevated feedstock prices and production costs. March 2024 witnessed a notable surge in HCl upstream caustic soda prices, rising by about 14% in the German market due to increased raw material and logistics expenses. Correspondingly, HCl prices surged by approximately 10% domestically. Various factors, including anticipations of future demand and geopolitical uncertainties, alongside concerns of high inflation, contributed to this hike. The upward trajectory of HCl prices was further bolstered by concurrent increases in HCl upstream caustic soda prices, which rose by 1.6%, thereby elevating production costs. However, the caustic soda production and the inventory remained ample during recent times. As per the EuroChlor,...