SunSirs reports that the market operation of flake caustic soda was weak in May. According to SunSirs’ monitoring system, the price of flake caustic soda was weak throughout the month. At the beginning of May, the average market price was around 3,500 RMB/ton, while at the end of May, the average market price was 3,400 RMB/ton. This represents a decrease of 2.86% and a decrease of 24.44% compared to the same period last year. The flake alkali market was weak and consolidated.

According to SunSirs’ analysis system, the price of caustic soda first fell and then rose in May, and overall declined. At the beginning of May, the average price in the Shandong market was 904 RMB/ton, and at the end of May, the average price in the Shandong market was around 898 RMB/ton. The overall price decreased by 0.66%, and the price decreased by 27.93% compared to the same period last year.

SunSirs’ analysts believe that the market for flake caustic soda is operating in a weak price trend recently, and the trading atmosphere in the market is average. The market shipment situation is average, and downstream purchasing enthusiasm is general. The enthusiasm of enterprises to enter the market is poor. Overall, it is expected that the price of flake caustic soda may be weak in the short term, depending on downstream market demand.