Global Caustic Soda Market Plays a Balancing Act, Prices Gains Stability Amid Uncertainties

According to the monitoring system of the SunSirs, the overall price of flake caustic soda stabilized in May. At the beginning of the month, the average market price was around 3,383.33 RMB/ton, and at the end of the month, the average market price was 3,350 RMB/ton, a decrease of 0.99%, and a decrease of 1.47% compared to the same period last year. The market transaction price in South China was 3,350-3,450 RMB/ton, and the enthusiasm of enterprises to enter the market had been average recently.Market outlook

SunSirs’ analysts believe that the overall price of flake caustic soda had stabilized this month. The trading atmosphere in the flake caustic soda market was mostly maintained at the previous level, with a general trading atmosphere. Based on the actual transaction situation of manufacturers, the overall price of flake caustic soda may fluctuate, depending on downstream market demand.