The domestic ** market has recently experienced a sharp upward trend. According to data from the Business Society, the average ex-factory price of 31% synthetic ** dropped to a low of 93.33 yuan/ton last weekend, but has since surged to 105 yuan/ton, marking a 12.5% increase. This rapid price movement has caught the attention of industry observers and traders alike.
Prices for ** products vary significantly across regions, with different manufacturers offering distinct pricing strategies. In the Northeast, the average price stands at 400 yuan/ton, while in Shandong, it ranges between 50-260 yuan/ton. In Jiangsu and Zhejiang, prices are typically between 120-300 yuan/ton, and in Inner Mongolia, they range from 60-130 yuan/ton. Meanwhile, in Shanxi, prices hover around 80 yuan/ton, showing strong demand in that area.
Industry analysts attribute the recent price surge to several key factors. First, ** is a byproduct of the chlor-alkali industry, and many producers operate at less than 50% capacity due to unstable production schedules. With recent declines in caustic soda prices, some plants have reduced their output, leading to a decrease in ** supply and an upward pressure on factory prices. Second, rising upstream costs have provided additional support to the market. Third, during this period of adjustment in the chlor-alkali sector, maintaining balance has become a critical challenge for companies, contributing to the volatility seen in ** prices.
Despite the current fluctuations, the overall supply in the domestic ** market remains relatively stable. However, industry experts suggest that the market outlook remains uncertain, with continued price swings expected in the near future. Traders are advised to monitor developments closely as the market continues to evolve.
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