1、 Price trend:

According to the monitoring data of the business agency, the price of caustic soda is weak. At the beginning of the month, the average price in Shandong market was 495 yuan / ton, and at the end of the month, it was 490 yuan / ton, the price dropped by 1.01%, and fell by 27.94% in the same period last year. On November 29, the commodity index of caustic soda was 70.50, unchanged with yesterday, 65.92% lower than 206.87 (2017-11-14), and 8.28% higher than the lowest point of 65.11 on October 09, 2020. (Note: period refers to 2011-09-01 to now)

2、 Market analysis

At the beginning of the month, the price of domestic liquid caustic soda was mainly stable, with a strong sense of price rising in the upstream and weak demand in the downstream. In November as a whole, the downstream purchasing demand is general, and there is a certain conflict with the current price of caustic soda. It is expected that the follow-up or narrow range of caustic soda consolidation will be weak. The price of caustic soda in Shandong is weak. The mainstream ex factory price of 32% caustic soda is 400-530 yuan / ton, and that of Jiangsu market is 530-600 yuan / ton. The price of flake caustic soda in Shandong market is 1800-2000 yuan / ton, and the price of 99% flake caustic soda is 1600-1650 yuan / ton in Inner Mongolia. The downstream market is mostly purchased on demand. The market atmosphere is not good, and the downstream transaction follow-up is weak. Enterprises mainly discuss and ship. It is expected that Inner Mongolia will stabilize the market temporarily in the near future.

Upstream and demand: domestic crude salt trading atmosphere is good this week, and prices in some regions are stable and upward. The operation of sea salt is stable, the well and mineral salt areas perform well, and the price rises. The performance of lake salt is not good, the downstream purchasing intention is not good, and the market performance is weak. The performance of domestic liquid chlorine market is strong, and the price performance of main production areas is better. Up to now, the main market of tank cars in Shandong market has reached about 1700-1800 yuan / ton. Supported by the demand side, the price of liquid chlorine is expected to remain high. On the downstream side, recently, affected by the haze weather in the heating season in northern China, the restrictions on the start-up of downstream enterprises have increased, the alumina production has a downward trend, and the demand remains flat.

According to the price monitoring of the business agency, in the 47 th week (11.23-11.27) of 2020, there are 2 kinds of commodities rising, 1 kind of falling commodity and 2 kinds of goods with 0 rising or falling. The main commodities that rose were calcium carbide (1.83%) and PVC (0.31%); light soda ash (- 11.93%) decreased. This week, the average rise and fall was – 1.96%.

Business analysts believe that in the near future, the overall price of caustic soda is mainly weak, the cost side has little change, and the operation is mainly based on big stability and small movement. With the improvement of caustic soda production, the supply pressure is increasing, and the downstream purchasing demand is general, there is a certain conflict with the current price of caustic soda. It is expected that the caustic soda will be sorted out in a narrow and weak range in the future, which depends on the downstream market demand.