It is difficult to ease the continuous upward price of caustic soda in the short term.

Published: Sep 23, 2021 09:27

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According to the after-market announcement of Hangjin Science and Technology on September 22nd, the price of caustic soda (various concentrations) of the company's main products has been comprehensively raised on the basis of the existing sales price of caustic soda. Domestic customers' sales price of liquid caustic soda has been increased by 1320 yuan / ton in nearly a week, a cumulative increase of about 51%.

Tianfeng Securities pointed out that in the northern region, the policy of double control of energy consumption in Northwest China continues to affect, and liquid alkali resources are scarce; some areas in Shandong are dissatisfied with the start of work, and part of the demand is transferred from Jiangsu to Shandong; it is expected that the price of liquid alkali in the northern region will rise steadily in the future. From the perspective of the southern region, the tight supply situation in Jiangsu is difficult to ease in the short term, but the downstream demand also tends to decrease. It is expected that the price of liquid alkali in East China will be strong in the future, and the price of liquid alkali in Southwest and South China will rise steadily.

According to the theme database of the Financial Associated Press, among the relevant listed companies:

The annual production capacity of Sanyou chemical caustic soda is 530000 tons.

Binhua has a net production capacity of 720000 tons of caustic soda.

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