Chinese flake caustic soda prices experienced a slight decline, with the market showing complex developments.
Caustic Soda Flake price
Our Caustic Soda Flake purity is Min 99% , by SGS confirmation .
Supply:?The weekly output of Chinese flake caustic soda enterprises from March 3rd to March 7th was 108,320 tons, an increase of 3.34% compared to 104,820 tons the previous week; the weekly output of enterprises in the northwest region was 86,990 tons, an increase of 4.43% compared to 83,300 tons the previous week. During this period, enterprises resumed production, and the flake caustic soda production equipment of some enterprises in Inner Mongolia and Gansu increased their load, leading to a rise in flake caustic soda supply. The flake caustic soda output of enterprises across China and the northwest region increased compared to the previous month.
Demand:?Market demand showed little fluctuation, and trading conditions remained sluggish.
Cargo shipment:?There were no signs of abnormalities, and the market arrival situation was relatively stable.
Inventory:?Inventory in Central China warehouses was 8,500 tons, an increase of 500 tons compared to 8,000 tons in the previous period; inventory in East China sample warehouses was 14,000 tons, an increase of 1,000 tons compared to 13,000 tons in the previous period. Flake caustic soda prices are declining, and some downstream companies are clearly not purchasing amid the price drop. Market trading conditions lack bright spots. Additionally, the delivery efficiency of some upstream factories during this period was relatively normal, and flake caustic soda inventory in sample warehouses increased slightly.
Market sentiment:?Most industry players have a pessimistic outlook, which has a certain negative impact on the market.
Overall:?During this period, purchasing demand was not high, and both flake caustic soda output and inventory increased.