Last week, caustic soda market in East China

The overall trend of the caustic soda market in Shandong has stabilized. Although the local companies had a strong intention to raise prices in the early stages, due to downstream restrictions, the price increase was limited. At present, the mainstream ex-factory price of 32% ionized membrane base in northern Shandong is 680-690 yuan / ton, the market price in other regions is relatively high, in the 720-740 yuan / ton; high concentration 48% -50% ionomer base ex-factory price in 1000-1200 yuan / ton. As the local alumina market is promising in the industry, caustic soda companies are confident in price increases. The price of caustic soda in Jiangsu increased again. The main reason is that local enterprises have insufficient equipment for start-up, and the supply of enterprises’ supplies is tight. Especially with the advent of the traditional peak season, the company’s intention to raise prices is strong. The current mainstream price of 32% ionophore is 780- 790 yuan / ton, 48% ionized membrane base ex-factory price in 1250 yuan / ton, is expected to maintain the stability of the caustic soda market is more likely.