Caustic soda: Futures were running strongly, the KD line showed a golden cross, and most spot prices fell

Caustic soda futures analysis:    October 24th SH2405 contract opening price: 2543, highest price: 2596, lowest price: 2525, spread: 71, position: 106394, reduced position: 6764, settlement price: 2560, yesterday settlement: 2547, up: 13, closing price: 2583, daily trading volume: 300187 hands, precipitated capital: 1.979 billion, capital outflow: 94.83 million.

Market price of caustic soda:

Caustic soda spot analysis:       today, the overall atmosphere of China's caustic soda market is weak, the price center of gravity of some manufacturers and market transactions in most areas has shifted downward, local areas are mainly cautious and wait-and-see, and the overall mood in the field is not high. Today, the liquid alkali market shows a downward trend in most regions. Judging from the price adjustment in various regions, 32% of the ion-exchange membrane alkali dropped 30-70 yuan / ton, 49% ion-exchange membrane alkali dropped 70-100 yuan / ton, and 50% of the ion-exchange membrane alkali dropped 20-50 yuan / ton. The prices of other concentrations of alkali remained stable, and the price range was not significantly adjusted. The price of alumina purchasing liquid alkali in the lower reaches of Shandong area continues to decline, which is bad for the local liquid alkali market, so the market transaction price center of gravity in Shandong area moves down mainly; the price in some surrounding areas moves down with it; the downstream delivery of enterprises in some areas is poor, the enterprise shipment is general, the market transaction is not ideal, and the enterprise price reduction promotes the shipment. The overall trend of the market in other regions has not changed much, the industry is mainly wait-and-see, and the operation of entering the market is more cautious. Some of the upstream production enterprises have lowered their ex-factory quotations, which are mostly concentrated in Shandong and East China, while most enterprises in other regions have not adjusted their ex-factory quotations, so they are more cautious in price adjustment. Today, the trend of the tablet alkali market is slightly downward, a small number of manufacturers have lowered their new order quotations this week, most manufacturers will announce new order prices tomorrow, and the pre-sale situation of enterprises is normal; the enthusiasm for receiving goods downstream is weak, and the merchants' shipping situation is poor. The center of gravity of market transactions in some areas has moved down, and market sentiment as a whole is not high.

Caustic soda futures analysis:    caustic soda SH2405 contract shows an upward trend as a whole. After a brief decline in night trading, prices began to wobble upward; in the late morning trading, prices rose strongly to today's peak of 2596, then fluctuated back down; and prices rose slightly again in the afternoon. By the afternoon close: 18.3% more than 19% open; 23.4% more than flat 21.1%.

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index fell to 3105.31, down 70.76, or 2.228%, on October 24, while China's caustic soda index fell.

Caustic soda late forecast:     futures: caustic soda SH2405 contract price is slightly stronger in intraday trading. According to the trading statistics of the market, Kongping took a profit of 23.4%, of which 19% opened more than 18.3%, and the forces of long and short were almost the same. The technical level shows that the opening of the three tracks of the Bollinger belt (13, 13, 2) has the meaning of narrowing, and the price rises through the 5th line of the MA combination line, the KD line of the daily line shows a golden fork trend, and the dead cross trend of the MACD line narrows obviously. Overall, futures prices may still have an upward trend in the short term. Spot aspect: at present, there is no obvious positive support for the fundamentals in the market, on the contrary, most of them show negative effects, and the market trend is poor when the fundamentals are weak, coupled with the continuous price pressure of the main downstream alumina enterprises, the market is easy to fall and difficult to rise, and most operators are more bearish on the future. Under the circumstances of relatively weak downstream demand and greater pressure on enterprise shipments, the short-term caustic soda market is expected to maintain weak operation.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index fell by 12.03% to 283.44, down 38.78%, while China's liquid chlorine index fell.

Caustic soda holding the list: