In July, the Xinhua·China Salt Two Alkali Industrial Salt Price Index reported 1047.44 points, an increase of 84.61 points or 8.79% over the previous period; an increase of 47.44 points or 4.74% over the base period.
In terms of regions, the ex-factory prices of industrial salt in Shaanxi, Anhui, Jiangsu, Hubei, Jiangxi, Henan, Chongqing, Xinjiang, and Hebei have increased compared with the previous month.
The ex-factory price of two-alkali industrial salt showed an upward trend in July. The upstream sea salt production area is affected by the weather, the output continues to fall, and the price is rising; in addition to some areas of the mine salt market for maintenance, overall production is tightening. The sharp increase in the cost of coal and other raw materials has led to an increase in the cost of industrial salt, which has promoted transaction prices. Rising; the market supply of lake salt is relatively sufficient, and the price is relatively stable. In the downstream soda ash market, prices continue to rise due to factors such as weather, power restrictions, and tighter raw materials; the downstream soda ash market is relatively active, and prices have risen on the basis of June. In the caustic soda market, the output of the liquid caustic soda market has declined in some areas, the inventory of enterprises has decreased, and the price has fluctuated upward. In the downstream alumina market of caustic soda, due to factors such as insufficient raw materials and heavy rainfall, alumina production has decreased this month, and prices have shown an upward trend.
The Xinhua·China Salt Two Alkali Industrial Salt Price Index is jointly compiled and released by China Economic Information Service and China National Salt Industry Group Co., Ltd. It aims to objectively reflect the ex-factory price trend of China’s two alkali industrial salt and provide pricing reference and decision support for the market. According to the compilation rules, the index uses January 2018 as the base period and the base point is 1,000 points.
Source: Chemical Network
