The domestic ** market has recently experienced a sharp rise, with prices surging by 12.5% in just a short period. According to data from the Business Society, the average ex-factory price of 31% synthetic ** dropped to 93.33 yuan/ton last weekend, but it has since climbed to 105 yuan/ton, marking a significant increase of 12.5%. This upward trend has caught the attention of industry observers and traders alike.
Prices vary significantly across different regions, as different manufacturers set their own rates. In the Northeast, the average price is around 400 yuan/ton, while in Shandong, it ranges between 50-260 yuan/ton. In Jiangsu and Zhejiang, the price fluctuates between 120-300 yuan/ton, and in Inner Mongolia, it's between 60-130 yuan/ton. Meanwhile, in Shanxi, the price stands at approximately 80 yuan/ton, showing strong demand in that area.
Industry analysts attribute the recent price surge to several factors. First, ** is a byproduct of the chlor-alkali industry, and many companies are operating below 50% capacity due to unstable production schedules. As a result, manufacturers are producing on an as-needed basis. However, with the recent decline in caustic soda prices, some plants have reduced their output, leading to a drop in the supply of **, which in turn has pushed up factory prices for certain products.
Second, the upstream raw material prices have also risen, providing additional support to the market. Third, during this period of adjustment in the chlor-alkali industry, maintaining balance has been a key challenge for enterprises. The price fluctuations are seen as a normal part of the market cycle.
Despite the recent volatility, the overall supply in the domestic ** market remains relatively stable. Industry analysts from the chemical branch believe that the market outlook is still uncertain, and the price swings are likely to continue in the near future. Traders are advised to stay cautious and monitor market trends closely.
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