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Caustic soda: Futures fluctuated throughout the day and rose late, with most spot prices rising

87,008
September 18, 2023, 3:14 PM


Caustic soda futures analysis:    September 18 SH2405 contract opening price: 2858, highest price: 2922, lowest price: 2836, spread: 86, position: 32473, increased position: 2143, settlement price: 2884, yesterday settlement: 2915, down: 31, daily trading volume: 283416 hands, precipitated capital: 509 million, capital inflow: 40.98 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)

Specifications

Market

September fifteenth

September eighteenth

Rise and fall

Remarks

32% ionic membrane alkali

Northeast China

1100-1400

1100-1400

0/0

Ex-factory price

Northwest

864-896

864-896

0/0

Ex-factory price

North China

840-950

920-990

80/40

-

Hebei

920-950

970-990

50/40

Ex-factory price

South China

1090-1250

1090-1250

0/0

Can price

Shandong

870-930

920-980

50/50

Current exchange rate

Zhejiang

1080-1100

1080-1100

0/0

-

Jiangsu Province

930-1000

950-1000

20/0

Delivery price

Tianjin

2900-3000

3150-3180

250/180

A discount of 100%

Anhui Province

900-920

900-920

0/0

Ex-factory price

Henan

2800-3150

2800-3150

0/0

A discount of 100%

50% ionic membrane alkali

North China

1580-1850

1620-1750

40/100

Ex-factory price

Hebei

1640-1850

1700-1750

60/-100

Ex-factory price

Shandong

1580-1640

1620-1680

40/40

Current exchange rate

Tianjin

3050-3400

3520-3550

470/150

A discount of 100%

Southwest

3550-3650

3550-3650

0/0

A discount of 100%

99% tablet alkali

Northwest

3200-3450

3200-3450

0/0

Ex-factory price

Shandong

3550-3650

3550-3650

0/0

Ex-factory price

45% ionic membrane alkali

Northeast China

1680-1750

1680-1750

0/0

Ex-factory price

49% ionic membrane alkali

Jiangsu Province

1540-1600

1540-1600

0/0

Ex-factory price

30% ionic membrane alkali

Southwest

1025-1085

1025-1085

0/0

-

48% ionic membrane alkali

Henan

3100-3350

3200-3350

100/0

A discount of 100%

 

Caustic soda spot analysis:       today China's caustic soda market shows an upward trend, the market transaction price center of gravity in most regions has moved up, there are regional differences between supply and demand in each region, and the market transaction atmosphere is OK. Today's liquid alkali market prices are mainly raised during the weekend period, today's market is running strongly, and the market transaction atmosphere is OK. From the perspective of regional market price adjustment, 32% ion-exchange membrane alkali rose 20-250 yuan / ton in individual areas, 50% ion-exchange membrane alkali rose 40-470 yuan / ton, 48% ion-exchange membrane alkali rose 100 yuan / ton, and the prices of other concentrations of alkali remained stable, and the price range has not been significantly adjusted. First of all, an alumina factory in the lower reaches of Shandong continued to raise the purchase price of liquid alkali on Friday, and the transaction price in the local market rose on Saturday, which obviously stimulated and promoted the transaction price in the surrounding local market. The supply of liquid alkali in some areas is relatively less, and the load of chlor-alkali units is expected to decline, which is good support for the local market, and the price is mainly rising. The overall trend of the market in other regions is relatively stable, the supply and demand side has not changed much, the industry is mainly watching the market, and the price has not fluctuated obviously. Upstream production enterprises in Shandong and North China have almost raised their ex-factory quotations, individual manufacturers in other regions have raised their quotations, and most manufacturers wait and see to stabilize prices. Today, the operation of the tablet alkali market is relatively stable, and the market arrangement is mainly in various regions. most of the tablet alkali manufacturers have normal pre-sale conditions, strong quotations, wait and see the market mainly at the beginning of the week, individual manufacturers operate under load, and the supply of goods on the market is still on the low side. there are some differences between supply and demand in different regions.

 

Caustic soda futures analysis:   SH2405 contract throughout the day narrow concussion operation, the night trading opened to a low of 2836 quickly up, and then concussion fell. After a slight dive in early trading, the price rose and ran around the first line of concussion of 2885. In the afternoon, the market continued to fluctuate, and then the price quickly rose to the highest level of 2922 today, and then fell back in late trading. Today's trading situation: 19.7% more open 18.9%; empty 20.6% more than 20.9%.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index rose to 2949.83 on September 18, up 68.46%, or 2.376%. China's caustic soda index rose.

 

 

Caustic soda late forecast:     futures disk operation activity has weakened compared with last Friday, in the morning did not see a large market, late afternoon prices rose rapidly after a slight decline. Spot market today in most areas of the market up obviously, the weekend period of the main producing areas driven by downstream alumina procurement prices, most of the price increases. On the supply side in the later period, there are large-scale activities in East China this week, the start-up of chlor-alkali plants in some areas is limited, and the starting load is expected to decline. In addition, caustic soda and liquid chlorine as dangerous chemicals, road transport will also be restricted to a certain extent. In other areas, except that some devices are still under maintenance, the start-up of other chlor-alkali units is expected to change little, and the supply side shows regional changes. Downstream demand faces before the National Day short holiday, downstream enterprises and traders have stock demand, and this week's purchasing enthusiasm is expected to improve, which is still good support for the market. At present, under the atmosphere of buying up but not buying down, the market activity has improved compared with the previous period. On the whole, it is expected that the short-term caustic soda market still has upward space, prices or firm operation.

 

Market price of liquid chlorine:

Summary of market price (unit: yuan / ton)

Area

September fifteenth

September eighteenth

Rise and fall

Remarks

Northeast China

500-600

300-400

-200/-200

Tank car quotation

Shandong province

600-700

400-500

-200/-200

Tank car quotation

Zhejiang Province

500-600

500-600

0/0

Tank car quotation

East China region

300-400

300-400

0/0

Tank car quotation

Southwest China

400-600

400-600

0/0

Tank car quotation

Central China

450-600

450-600

0/0

Tank car quotation

Inner Mongolia

100-300

100-300

0/0

Tank car quotation

Anhui province

100-300

100-300

0/0

Tank car quotation

Hebei Province

500-600

300-400

-200/-200

Tank car quotation

 

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index fell 61.11, or 13.25%, to 400 on Sept. 18, while China's liquid chlorine index fell.