Caustic soda: Futures market significantly increased positions downward, short positions continued to suppress the market, and spot prices fell sporadically

Caustic soda futures analysis:    October 16 SH2405 contract opening price: 2706, highest price: 2713, lowest price: 2641, spread: 72, position: 80874, increased position: 10743, settlement price: 2673, yesterday settlement: 2703, down: 30, closing price: 2658, daily trading volume: 232274 hands, precipitated capital: 1.548 billion, capital inflow: 193 million.

Market price of caustic soda:

Caustic soda spot analysis:       today, the overall trend of China's caustic soda market is relatively stable, the shipments of enterprises in some regions are not smooth, the market transaction prices are mainly reduced sporadically, there are no obvious changes on both sides of supply and demand in most areas, and operators wait and see the market mainly. Today, the overall trend of the liquid alkali market is large and stable, with markets in most regions maintaining the previous level of operation, and prices in some regions falling sporadically. From the point of view of regional market price adjustment, 32% of ionic membrane alkali fell 20 yuan / ton in individual areas, 50% ionic membrane alkali fell 10 yuan / ton in individual areas, and the prices of other concentrations of alkali remained stable, and the price range has not been significantly adjusted. There are not many orders for high concentration alkali in individual areas, and there is a great pressure on enterprises to ship goods; the performance of downstream demand in some areas of South China is poor, and the situation of enterprise shipments is not smooth, so price reduction promotes shipment. The situation of supply and demand in other regions is relatively stable, the supply side is stable and sufficient, the downstream demand is lukewarm, and the overall market trend does not change much. Although there are some differences between supply and demand between regions, the market in the region is relatively stable. Most of the regional operators wait and see the market, and the operation of entering the market is more cautious. Individual manufacturers of upstream production enterprises adjust the ex-factory quotation, the mentality of price adjustment is different, most enterprises have not adjusted the ex-factory quotation, the mentality of price adjustment is more cautious. Today, prices in various regions of the tablet alkali market are mainly consolidated, most areas maintain a wait-and-see mentality, enterprise shipments are relatively flexible, market transactions are general; manufacturers' pre-sale situation is normal, devices have not seen obvious changes, and most enterprise installations start normally, the supply side is relatively stable. The overall enthusiasm of operators to enter the market is mediocre, and the market wait-and-see mood is heavy.

Caustic soda futures analysis:   SH2405 contract night trading high open after the overall price shock downward; early trading opened a small dive and then rebounded, but not strong enough to show a concussive downward trend again, the lowest point of the day appeared in late trading 2641, in the afternoon slightly concussive upward. Today's turnover: 17.6% more, 22.1% empty; 19.7% more than 17.5%.

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index fell by 0.071% to 3057.59, down 2.16%, while China's caustic soda index fell.

Caustic soda post-forecast:     futures: caustic soda SH2405 contract today significantly increased the position of more than 10,000 hands, the futures price to maintain a weak downward trend; trading to see the short opening 22.1% compared with 17.6 to form an absolute suppression, the technical level shows that the Bollinger belt (13, 13, 2) three-track opening downward, the daily level of KD line and MACD line is still dead fork, and the trend of MACD dead fork is still large. Fundamentals, policies in the face of disk guidance are insufficient, in the short term to see the price operation or continue to run with a small shock, the pressure above is greater. Spot aspect: at present, the operation of the caustic soda market is relatively strong, and the price has been adjusted flexibly in various regions recently. from a fundamental point of view, the maintenance of supply-side equipment still has a good regional support for the market, and the supply of caustic soda in some areas is relatively adequate. While the downstream demand side as a whole is relatively stable, maintaining the rhythm of rigid demand procurement, it is difficult to have a significant increase, the game between supply and demand, the market in this case the mentality of the business performance or more cautious; downstream procurement price, Shandong downstream a large alumina enterprise liquid alkali procurement price announced on October 17 down, bad for the market. It is expected that the short-term spot price of caustic soda may have a certain downward trend.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index rose 0% to 360.56 on October 16, and China's liquid chlorine index is stable.

Caustic soda holding the list: