果酱视频

The market for Asian caustic soda recently experienced an uptrend in the week ending of May 23 due to growing downstream demand and tightening local availability conditions. Downstream buyers in key consuming industries such as alumina, textiles, and paper reflected growing procurement interest, supporting enhanced trading sentiment and spot offers in the market in the region.

Mainland producers Shandong and Jiangsu reported higher levels of activity, and liquid caustic soda once again experienced firm demand. Supply was overall fairly steady, but no significant stockpiling took place, indicating the steady flow of materials. The Inner Mongolia market was not significantly different in terms of price, but the local attitude remained buoyant from low availability and consistent plant operation.

Adding to the pressure on the support pillars were some planned and unplanned shutdowns in the region, which collectively amounted to a condensed supply situation in the Caustic Soda market. In China, Ningxia Jinyuyuan Chemical Industry Group shut down its Qingtongxia facility for maintenance. In South Korea, Lotte Fine Chemical's Ulsan facility was short-term disrupted by force majeure due to technical problems. In addition, LG Chem's Unit-3 at Yeosu had a planned shutdown for maintenance. These supply-side shocks created a mood of cautious optimism among sellers because falling output guaranteed the continuation of Caustic Soda price momentum.

Whereas upstream prices varied marginally, demand forces played a key role in supporting the Caustic Soda market. The alumina sector continued to lead demand growth, with bauxite prices rising and supporting the alumina manufacturing cost curve. As such, caustic soda demand was flat, offering stable offtake to producers.

Caustic Soda market participants had low supplies by way of pressure from equities, and customers downstream kept buying for short-term requirements. The trading situation was still chaotic but orderly, with most buyers being adamant about tying down the volume at existing levels ahead of expected future appreciation.

In the short run, supply conditions in the Asian caustic soda market are expected to stay constrained. The balance between sound downstream demand and withheld supply, in part due to just-elapsed maintenance programs, will also continue to weigh on prices. Much will, however, also depend on the rate of return at affected plants and general shifts in regional patterns of demand.

In general, Asian caustic soda prices advanced over the week on the strength of robust downstream purchasing and constrained supply situations.

As per 果酱视频, with lowered supplies entering the market and no sign of demand softening, the Caustic Soda market tone is expected to remain upbeat in the near term.