In October, the Xinhua Medium Salt and Two Alkali Industrial Salt Price Index fell by 1.81% month-on-month

In October 2022, the Xinhua Zhongyan Two Alkali Industrial Salt Price Index reported 1492.
90 points, down 27.
53 points, or 1.
81%, from the previous period (September 2022); 492.
90 points, or 49.
29%, from the base period (January 2018); down 243.
76 points, or 14.
04%, from the highest point in the cycle of 1736.
66 points (April 2022); It is up 676.
70 points, or 82.
91%,
from the lowest point in the cycle of 816.
20 points (August 2020).

Figure 1 Xinhua Zhong salt two alkali industrial salt price index trend chart data source: Xinhua index

From a sub-regional perspective, in October 2022, the ex-factory price of industrial salt in Jiangxi, Hunan, Chongqing, Henan, Ningxia, Tianjin, Shaanxi and Qinghai increased compared with September 2022; The ex-factory prices of industrial salt in Yunnan, Sichuan, Jiangsu, Anhui, Shandong, Hebei and Xinjiang decreased compared with September 2022; The ex-factory price of industrial salt in Liaoning and Hubei was unchanged
from September 2022.

Fig.
2 Factory price trend of two alkali industrial salts in various provinces

Source: Xinhua Index

Source: Xinhua Index

In terms of price range, there are 10 areas with a unit price of 2-alkali industrial salt between 400-500 yuan / ton, namely Yunnan, Liaoning, Sichuan, Jiangxi, Hunan, Jiangsu, Chongqing, Henan, Anhui and Ningxia; There are 7 areas where the unit price of two alkali industrial salts is less than 400 yuan / ton, namely Tianjin, Shandong, Hubei, Hebei, Shaanxi, Qinghai and Xinjiang
.

In October, the ex-factory price of two alkali industrial salts decreased
slightly compared with the previous period.
The overall change of the upstream raw salt market is not large, and the price rise and fall in local areas is differentiated
.
Specifically, heavy rainfall occurred in Weifang City, Dongying City, Yantai City and other areas around the Bohai Sea in the northern sea salt producing areas, damaged salt fields in some areas of Bohai Bay, and the price of sea salt in some areas of Bohai Bay rose.
The mine salt market is affected by the competition of overseas imported salt, the shipment pressure of well and mine salt enterprises is greater, and individual enterprises have stopped for maintenance, and the overall market price is relatively stable; The shipments of enterprises in the Northwest Lake salt producing area are mainly long-term contracts, and the price is relatively stable
.

The downstream soda ash market continues to fluctuate, the price fluctuation is not large, the enterprise implements a single discussion, and the actual transaction is flexible
.
In terms of caustic soda market, in mid-to-early October, the demand of domestic liquid alkali downstream alumina manufacturers was good, coupled with the increase in domestic liquid alkali purchases in overseas regions, the price of liquid alkali showed an upward trend, and at the end of the month, as caustic soda gradually entered the demand off-season, the price of liquid alkali decreased; Affected by the epidemic, the transportation of flake alkali in the northwest region was restricted, the receipt of goods by downstream production enterprises was restricted, and the trading price of flake alkali increased
.

It is reported that the Xinhua Zhongyan Industrial Salt Price Index is jointly compiled and released by China Economic Information Service and China Salt Industry Group Co.
, Ltd.
, aiming to objectively reflect the ex-factory price trend of China's two-alkali industrial salt and provide pricing reference and decision-making support
for the market.
According to the compilation rules, the index takes January 2018 as the base period, with a base point of 1,000 points, focusing on collecting the ex-factory price and sales volume
data of two-alkali industrial salt production enterprises in major provinces in China.
(Source: Xinhua Finance)