Price trend According to the monitoring data of toodudu, the price of caustic soda rose strongly this week. The average price in Shandong market at the beginning of the week was about 1,062 RMB/ton, and the average market price in Shandong at the weekend was 1,174 RMB/ton, the price increased by 10.55%, and the price increased by 6.97% compared with the same period last year. On September 22, the caustic soda commodity index was 164.60, an increase of 6.33 points from the previous day, a decrease of 38.00% from the highest point in the cycle of 265.47 points (2021-10-27), and an increase of 152.80% from the lowest point of 65.11 points on October 09, 2020. (Note: The cycle refers to 2011-09-01 to the present) Analysis review According to the survey data of toodudu, the price of domestic caustic soda rose this week. On the 23rd, the average market price of caustic soda in Shandong was around 1,080-1,250 RMB/ton. The mainstream ex-factory quotation of 32% liquid caustic soda in Hebei ...

The Caustic Soda prices fluctuated in July 2023, resulting from the pessimistic demand in the downstream Alumina industry and lowered electricity costs across the global market. However, the Caustic Soda price trend concluded in the US market during July by the explosion at DOW Chemicals in the mid of July, reduction in the production rates, and low demand in the downstream sectors. Meanwhile, unlikely to the low electricity prices in Asia and Europe, US electricity prices rose this month marginally amidst a dip in the output and might impact the energy-intensive Caustic Soda market further in August. In the USA, Caustic Soda prices were stable in the week ending July 28, 2023, backed by the halted production facility in Louisiana (USA) as a result of a fire that broke out at Dow, a chemical production facility, however, the company’s Emergency Operations Center managed the situation at Dow Louisiana (USA). The Caustic Soda market slowdown was prompted by the sluggish demand fro...

Price trend According to the monitoring data of toodudu, the price of flake caustic soda was weak this week. The average market price at the beginning of the week was 3,733.33 RMB/ton, and the average market price at the weekend was 3,500 RMB/ton. The price fell 6.25%, and down 15.32% year on year. This week, the market remained weak. Upstream caustic soda According to the survey data of toodudu, the domestic caustic soda price fell this week. As of the 10th, the average market price of caustic soda in Shandong was about 800-870 RMB/ton. The ex-factory price of 32% of the mainstream liquid caustic soda in Hebei was about 850-1,150 RMB/ton. The price of caustic soda in the site was weak. The overall supply of caustic soda was relatively sufficient, the downstream demand was less than expected, the intra-field trading atmosphere was weak, and there was lack of favorable factors to support, and the downstream was cautious. Market outlook The analysts of toodudu believe that the market f...