Caustic soda
Overall, caustic soda prices are currently under pressure in the region, and the spot downward trend has not ended. As the market price gradually approaches the marginal cost, the volatility of caustic soda will gradually converge in the future.
In October, the caustic soda industry had a large number of maintenance devices and the production level dropped from a high level. Demand for caustic soda was weak in October. In November, the downstream alumina industry is not only expected to resume production, but also may be disturbed by mining and winter environmental protection factors. Other downstream industries also have the risk of winter production restrictions. The weak supply of various downstream industries will determine the continuation of the pattern of weak caustic soda demand. Overall, the caustic soda market in November is still not supported by obvious positive factors. It is expected to continue to consolidate at a low level. Pay attention to the degree of disruption of the supply side and downstream industry production by environmental factors.
Methylene chloride
The domestic methylene chloride market price dropped significantly last week. The overall capacity utilization rate fell slightly compared with last week. The raw material market mainly fluctuated in a range. The mentality of the industry was different. The demand side has not yet improved significantly. The weak market situation is difficult to change in the short term, and the market has a strong wait-and-see atmosphere. This week, mainstream factories in East China are undergoing maintenance one after another. However, with the supply of goods on the market being saturated, cargo holders are dominant in shipments. It is expected that the domestic methylene chloride market will mainly fluctuate in a range.
Chloroform has weakened, and the refrigerant R22 market is strong. From a cost perspective, the anhydrous hydrofluoric acid market is operating weakly. The chloroform market is weakly declining, with weak support from the cost side. From a fundamental point of view, on the supply side, the capacity utilization rate of the refrigerant R22 market has not fluctuated significantly, and the supply is stable. On the demand side, the downstream PTFE market has declined recently and was temporarily stable last week. The market is generally weak, and there is no obvious positive trend on the demand side. The market Trading volume was lackluster.
Ammonium sulfate
The market price of ammonium sulfate in the main producing areas fell last week, and the atmosphere for high-level shipments was not good. Last week, the domestic ammonium sulfate market fluctuated and fell. International transaction prices are low, which continues to suppress domestic prices. At the same time, domestic extruded pellet factories are not very active in operating. It is expected that the ammonium sulfate market will continue its downward trend this week.
Post time: Oct-30-2023