According to the Commodity Analysis System of Business Society, the price of caustic soda fell first and then rose this week, and the overall operation is temporarily stable. On June 20th, the average market price was 3137.5 yuan/ton, while on June 27th, the average market price was 3137.5 yuan/ton, which remained unchanged and decreased by 35.53% year-on-year. The market remained flat this week.
Upstream caustic soda
According to the Commodity Analysis System of Business Society, the overall price of caustic soda remained weak this week. On June 20th, the average market price in Shandong was 818 yuan/ton, while on June 27th, the average market price in Shandong was 792 yuan/ton, a decrease of 3.18% and a decrease of 36.74% compared to the same period last year.
Analysts from Business Society believe that the overall price of caustic soda remained stable this week, and the market trading atmosphere was average. Downstream demand has recently been procured on demand, with average enthusiasm for procurement. However, with the impact of device parking and maintenance in the northwest region, market activity has increased. However, the overall acceptance level of downstream is limited. Overall, the price of caustic soda may remain stable in the short term, depending on the demand in the downstream market.
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