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Echemi Market Analysis (Update on 2017-11-13)

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Previous Price:$860/MT (Reference Price)
Current Price:$860/MT (Reference Price)  $0/MT
Analysis: High-end price in Zibo dropped, and other areas stable. In Northwest, the inventory was low, and pre-sales orders remained. Downstream demand was mainly from alumina, and others were moderate, giving insufficient support. Some alumina markets went down. With possible production limitation, sodium hydroxide is expected to keep stable with flexible orders, but may drop in the future. The reference price was $860/mt FOB Qingdao.
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