The price of caustic soda rises more than expected

wallpapers Industry 2020-12-09

in East China and other places has increased by nearly 10% in the past week, reaching a new high in recent years. According to the Shanghai Securities News,

recently, the market price of caustic soda has continued to rise, with the highest increase of nearly 10% in East China and other places in recent weeks, reaching a new high in recent years, with the highest increase of 30% since this year. It is understood that there are two main reasons for the price increase of caustic soda this time: first, the terminal demand has gradually recovered, and the purchase price of alumina enterprises in Shandong and other places has been raised actively; second, chlor alkali enterprises in Hebei and Shandong have reduced their production load, resulting in more shortage of goods. Relevant manufacturers said that at present, the supply of caustic soda market is in short supply. Meanwhile, the operating load of downstream enterprises has increased, and the overall market supply is tight, and the price is expected to continue to rise.

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prices in the domestic caustic soda market have continued to rise recently, and prices in various regions have shown a general upward trend. Specifically, chlor alkali enterprises in eastern Shandong Province have reduced their load to 50%, and the supply of caustic soda is more tense. The purchase price of downstream alumina enterprises has been raised by 60 yuan / ton, which has been implemented on August 30, further pushing up the local caustic soda price and setting a new high in the year. Compared with the end of July, the price of low concentration alkali increased by 70 yuan / ton in Cangzhou, Hebei Province. In addition, for non alumina enterprises, the price of caustic soda in Henan Province is increased by 100 yuan / ton (100 yuan), and the mainstream ex factory price of 32% ion-exchange membrane caustic soda is between 2100 yuan and 2150 yuan / ton (100 yuan). Driven by the low inventory level of enterprises in Jiangsu Province, the market transaction center has been increased by 10 yuan / ton. At present, the mainstream ex factory prices of 32% soda large orders in Jiangsu Province are about 670 yuan to 690 yuan / ton, and the mainstream ex factory prices of some small orders are between 710 yuan and 720 yuan / ton. From the perspective of industrial chain,

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, the upstream crude salt market price declined slightly in August. As of the end of the month, the crude salt price was 219 yuan / ton, with a decrease of 0.54% in August. With the large-scale production of sea salt and the increase of raw salt supply, the production cost of caustic soda has declined and the profits of caustic soda manufacturers have increased. In terms of downstream alumina, the price of alumina in Chongqing was raised by 80 yuan / ton (100 yuan) in September, and the current delivery price is 2530 yuan / ton (100%). Some alumina enterprises in Shanxi, Henan and other places are looking for flake caustic soda to replenish their warehouses due to the shortage of goods. At the same time, the domestic caustic soda market continues to heat up at this stage. It is expected that the delivery price of alumina in Shanxi, Henan and other places will rise in September, forming a support for the caustic soda market.

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industry estimates that at present, the operating load of chlor alkali enterprises in Shandong, Hebei, Tianjin and other places is reduced by 50% to 60%. Some enterprises take the opportunity to overhaul, resulting in a substantial reduction of caustic soda supply, and the market price is expected to continue to rise. In addition, the rectification of backward production capacity under the pressure of environmental protection also makes the business environment of the industry begin to improve. As for

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companies, Binhua is mainly engaged in propylene oxide and caustic soda. Among them, the capacity of caustic soda is 420000 tons, and the annual output is nearly 500000 tons. According to the semi annual report in 2015, the sales revenue of caustic soda accounts for about 20% of the main business. The price of propylene oxide, another leading product of the company, has risen by more than 10% since the end of August due to factors such as centralized maintenance in the industry. Sanyou chemical has a caustic soda production capacity of nearly 500000 tons, which contributes a lot to the main profits. The annual production capacity of viscose staple fiber, its leading product, is 500000 tons, and its profit has also improved. The average market price has increased by more than 20% this year. In addition, the organization believes that the company has 4000 mu of land in Caofeidian, and the local government has reserved 3600 mu of industrial land for the company, which will benefit from the coordinated development of Beijing, Tianjin and Hebei.


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