According to the commodity analysis system of Business Society, the price of caustic soda remained stable this week, with the average market price in Shandong region from the beginning of the week to the weekend at 3300 yuan/ton. According to the price monitoring of Business Society, in the 4th week of 2024 (1.22-1.26), there was one commodity that rose, three commodities that fell, and three commodities that rose or fell to zero in the chlor alkali industry price list. The main rising commodities include PVC (0.83%); The main commodities falling are: light soda ash (-2.46%), flake alkali (-1.00%), and baking soda (-0.07%). The average increase and decrease this week is -0.39%.

Upstream caustic soda

According to the commodity analysis system of Business Society, the price of caustic soda has remained stable this week, with an average market price of 784 yuan/ton from the beginning of the week to the weekend. The price of caustic soda in Shandong region is currently stable, with a mainstream market price of around 730-800 yuan/ton for 32% ion exchange membrane caustic soda. The price of caustic soda in Jiangsu region is currently stable, with a mainstream market price of around 800-860 yuan/ton for 32% ion exchange membrane caustic soda.

Business Society analysts believe that the price of caustic soda has stabilized this week, and downstream purchases are more on demand. The supply-demand game, taking into account the short-term or sustained consolidation of caustic soda prices, depends on downstream market demand.