A Brief Analysis of the Recent Trends in the Domestic Liquid Soda Market
2024-2-29
Recently, while the domestic liquid soda market has remained stable, some manufacturers flexibly adjusted their ex-factory quotations based on inventory conditions.
In terms of supply, during the spring festival, some caustic soda enterprises were affected by poor shipments of liquid chlorine, resulting in a decrease in the operating load of the equipment, a decrease in liquid soda production and its low inventory, which led to a slight increase in their ex-factory quotations. after the holiday, with the increase of the utilization rate, the production of liquid alkali continued to resume, aggravating the market wait-and-see atmosphere and then resulting in relatively flexible transactions.
In terms of demand, aluminum oxide plants have worked normally at the previous level. specifically, there has been no significant change in the purchase price of liquid soda for aluminum oxide production in northern parts of china in february, while the purchase price of liquid soda in guangxi, an autonomous region in southern parts of china has increased by 100 yuan/ton (dry-based price), providing certain favorable support for the local and surrounding liquid soda markets. the printing, dyeing and paper making plants have not worked at a high operating rate. during the spring festival, some of these producers reduced production or shut down their factories for holidays, resulting in a decline in the demand for liquid caustic soda. after the lantern festival, those alkali consuming manufacturers that stopped have gradually resumed, registering more demand for liquid soda.
In other aspects, domestic liquid soda exporters have reported an increase in quoted prices after the holiday. however, in the context of relative mild demand from overseas, counteroffer prices have remained at pre-holiday levels. as most export enterprises ute. long orders, spot trading volume is relatively limited. in addition, the domestic liquid chlorine market continues to operate at a low level, with some local markets experiencing temporary reverse freight charges. the growing operational pressure on caustic soda manufacturers is also seen as one of the factors affecting the liquid soda market.