Introduction to China caustic Soda Market (2023.08.7~2023.08.11)

The "solid liquid" imbalance in Wuhai area

Liquid alkali market in Wuhai area: The production of Yihua and Hejunzheng tablets in Inner Mongolia is abnormal, and the output of low and high liquid alkali is large. Before this, the liquid alkali of Wuhai Chemical and Zhonggu Mining continue to be in a shutdown state, making the liquid alkali price in Wuhai area remain high. The abnormal production of caustic soda flakes in the two maintenance plants caused the rapid drop of liquid caustic soda in Wuhai area. At present, the factory discount price of 32 liquid alkali in Wuhai area is about 2300 yuan/ton. 48 liquid alkali factory discount price of 2450 yuan/ton, the height of liquid alkali has eased. The liquid alkali in Wuhai area may have room to go down in the future.

Wuhai area caustic soda market: this week, Inner Mongolia Junzheng caustic soda factory 3050 yuan/ton. Because Junzheng's alkali tablets are abnormal, the plan is tense, and the price of Junzheng alkali tablets continues to push up. Due to the abnormal production of caustic soda tablets in the two plants, the caustic soda tablets of other manufacturers in Wuhai area are more nervous or out of stock.

Individual market analysis: In a short period of time, the "solid liquid" output in Wuhai area is unbalanced, the production of caustic soda tablets is reduced, the price is strong, the production of liquid caustic soda is increased, and the price is declining rapidly. It broke the situation that the price of liquid alkali skyrocketed due to the shutdown of Wuhai Chemical and Zhonggu Mining. Xinjiang two factories pre-sale good, no inventory pressure, spot sales can be good.

The caustic soda tablet market has also undergone several waves of elastic shocks. At the current market factory price of 3050 yuan/ton, the price is at a high level, and the market mentality is uneasy. A monthly rise of 250 yuan, low-cost supplies exhausted.

Personally, I think the market was supposed to be looser and firmer this week. But "accidents" only delay that. The subsequent alkali tablet market trend may be stable and strong. If there is a positive market, prices continue to push up. On the contrary, the downstream price of non-aluminum is limited, stable from strong to weak, and begins to decline.

Personal analysis, for reference only!