Since the beginning of this year, the domestic caustic soda market has experienced low and stable operation for half a year. There are no hot spots in the upstream and downstream, and production companies are always near the profit and loss line.
Fatigue. In the first half of the year, the average domestic price of caustic soda was 2,578 yuan (32% ion membrane price per 100 tons, the same below), down 14% from the same period last year. As of the end of June,
The mainstream transaction price of domestic caustic soda is 2,750 yuan, which has not changed much compared with the beginning of the year, but has rebounded from the average price.Market participants said the weak trade of caustic soda
The situation is expected to come to an end, the market is showing signs of recovery, and the market outlook is promising.
“Relevant data show that in the first half of the year, domestic caustic soda production was 20.91 million tons, an increase of 6% over the same period last year. At the same time, there was no bright spot in exports, and the downstream recovery
A combination of factors caused the caustic soda market to be weak in the first half of the year. However, towards the end of the second quarter, production was reduced due to occasional reasons for regional installations.
As well as favorable factors such as rising demand in the downstream alumina industry, the weak operation of caustic soda is expected to end in stages, and the trend of stabilization and recovery may begin. “
Senior market commentators analyze that in the second half of this year, caustic soda companies’ planned maintenance efforts from July to August will still be relatively large, and as the industry
Output continues to decline year-on-year, and shrinking supply may bring expectations for the caustic soda market to stop falling and rebound in the third quarter.Entering the end of August, the “Golden Nine and Silver Ten” are coming, and it is said that
As the demand side of the system gradually recovers, the demand for liquid alkali in non-aluminum downstream industries will also increase, supporting demand in the third quarter.Therefore, the downstream of caustic soda is
The third quarter will gradually enter the peak season, demand is expected to grow, and the probability of a positive caustic soda market will greatly increase.
Post time: Jul-23-2024