1、 Price trend:

According to the monitoring data of the business community, the price of caustic soda was weak. From the beginning of the week to the end of the week, the average price of Shandong market was 485 yuan / ton, down 23.32% in the same period of last year. On December 24, the commodity index of light soda ash was 69.74, flat with yesterday, down 40.83% from the highest point of 117.86 (2017-11-21) in the cycle, and up 10.44% from the lowest point of 63.15 on November 18, 2015. (Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

In December, the downstream purchase demand of caustic soda 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 will be weak. The price of caustic soda in Shandong is weak, with 32% of the mainstream ex factory price of caustic soda at 400-530 yuan / ton. The price of caustic soda in Inner Mongolia is temporarily stable, with 32% of the mainstream ex factory price of caustic soda at 1500-1600 yuan / ton (100%). The downstream purchase demand is general, which has a certain conflict with the current price of caustic soda. It is expected that the follow-up or narrow range of caustic soda will be weak.

Demand: downstream. The downstream industry is in the off-season of production, and the demand side lacks support. The good news is scarce, and the support for caustic soda market is still poor. It is expected that caustic soda will still maintain low-level operation in the short term. According to the Statistics Bureau, the national caustic soda production increased by 16.4% year on year in November. Under the good profit support of chlor alkali enterprises, the overall operation of caustic soda continued to be high.

According to the price monitoring of the business community, in the 50th week of 2020 (12.14-12.18), the price of chlor alkali industry increased by 1 commodity, decreased by 3 commodities, and decreased by 0 commodity. The main commodities rising were calcium carbide (5.91%); the main commodities falling were light soda (- 3.18%), hydrochloric acid (- 0.81%) and PVC (- 0.44%). The average rise and fall this week was 0.3%.

Business analysts believe that in the near future, the factory price of caustic soda is stable as a whole, the cost side changes little, and the operation is mainly stable and small. The downstream purchase demand is general, and there is a certain conflict with the current price of caustic soda. It is expected that the subsequent or narrow range of caustic soda will be weak, depending on the downstream market demand.