GLONGHUI, September 20 | According to business society data, on September 20, the price of spot caustic soda (32% liquid soda) was 984 yuan/ton, up 9 yuan/ton from the previous day. Over the past two weeks (September 7 to September 20), there has been a cumulative increase of 22.24%. According to the data, the spot caustic soda price continued to fluctuate and decline from January 1, 2023 at a price of 1,128 yuan/ton until it bottomed out at 737.4 yuan/ton on August 1, and then rebounded steadily. The cumulative decline was 34.63%, which had a certain impact on the performance of many listed caustic soda companies. A relevant person in charge of Shanghai Chlor-Alkali Chemical Co., Ltd. said that recently, prices of many chemicals, including caustic soda, have been getting stronger. Currently, the company's caustic soda business order situation and production capacity are relatively stable, so if the price of caustic soda products rises, it will have a positive impact on the company's profits.
现货烧碱价格近两周涨超22% 下半年相关企业盈利有望改善
Spot caustic soda prices have risen more than 22% in the past two weeks, and profits of related companies are expected to improve in the second half of the year
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