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Insufficient upward momentum in caustic soda market in East China
Recently, the market price of caustic soda in East China has dropped. Affected by high-temperature power cuts and energy conservation and emission reduction, the start-up load of the caustic soda plant in the region was once again compressed, and the supply of raw materials was reduced, and the factory price of local companies followed the trend. At present, the mainstream price of local 30% diaphragm alkali is 450-550 yuan/ton, and the mainstream price of 32% ion membrane alkali is 480-580 yuan/ton. At present, the downstream chemical fiber and printing and dyeing industries are still in the doldrums and the start-up load is insufficient. Therefore, the caustic soda market continues to face upward pressure and the market outlook remains to be seen.