Caustic soda: Short futures entered the market and fell back, the price of spot alkali flakes dropped significantly, and liquid alkali stabilized but moved slightly

Caustic soda futures analysis:    November 1 SH2405 contract opening price: 2625, highest price: 2629, lowest price: 2566, spread: 63, position: 93459, increase: 908, settlement price: 2599, yesterday settlement: 2607, down: 8, closing price: 2574, daily trading volume: 175771 hands, precipitated capital: 1.732 billion, capital outflow: 14.49 million.

Market price of caustic soda:

Spot analysis of caustic soda:       the overall trend of China's caustic soda market is differentiated, the overall liquid caustic soda market moves steadily, prices in individual areas are adjusted sporadically, the market mentality is cautious, the tablet caustic soda market goes down, and the ex-factory quotation is mainly lowered. Today, the trading atmosphere of liquid alkali prices is general, and prices have stabilized as a whole, with prices falling sporadically in only a few areas. from the point of view of price adjustment in various regions, the prices of 32% ionic membrane alkali and 50% ionic membrane alkali have remained stable, and the price range has not been significantly adjusted. The overall market has not changed much, the supply side has devices today to reduce the load is about to enter the rest period, individual pre-maintenance equipment has also been restored today, the market supply side shows regional changes. Individual areas downstream demand is flat, enterprise shipping pressure is relatively large, so there is a decline in market transaction prices, market prices in most areas are stable, the mentality is more cautious. Upstream production enterprises in individual areas of manufacturers lower prices, manufacturers in most areas of cautious mentality, there is no price adjustment behavior. Today, the plant construction of most enterprises in the tablet alkali market is relatively stable, the social inventory is at a low level, and most of the downstream demand is dominated by rigid demand procurement. Today, most manufacturers in Northwest China have lowered their new order quotations. However, some traders reflect that the shipment situation has improved, the market transaction prices are adjusted more cautiously in some areas, and some markets wait and see mainly.

Caustic soda futures analysis:    caustic soda SH2405 contract shows an overall downward trend today. Night trading price concussion operation, the overall did not see a big market, after the opening of the morning price rose to the recent high began to fall, the late diving is obvious, the afternoon price upward slightly repaired, but fell again in the late afternoon. As of today's close, SH2405 contracts fluctuated in the range of 2566-2629 throughout the day, with a price difference of 63. 05. the contract increased its position by 908 and has held 93459 positions so far.

Caustic soda index analysis: according to Tdd-global data, China's caustic soda index was 2903.38, down 45.88, or 1.556%, and China's caustic soda index fell.

Prediction of the later stage of caustic soda:    

Futures: caustic soda SH2405 contract in yesterday's stage high, failed to resist the pressure on the track, today turned to a downward trend, intraday trading, opening more than 16.8% compared to 19.4%, empty 18% compared to flat 20.2%, short entry is obvious; technical level shows that Bolin belt (13, 13, 2) three-track opening narrowed, daily KD line gold fork trend has shrunk, MACD line shows golden fork trend. On the whole, the operation of the short-term futures price is effective, and the operation of the short-term futures price may be wound around the middle track.

Spot aspect: the current trend of the liquid alkali market is still weak, but the overall market has stabilized today, the mentality of most operators is relatively cautious, the supply side is relatively sufficient, some enterprises have the phenomenon of accumulation, and the downstream demand maintains rigid demand procurement as a whole. at present, the alumina market is stable, and the main downstream manufacturers in Shandong have no price reduction action for the time being, which is also an invisible benefit to the market, which needs to be paid attention to in the later stage. Non-aluminum downstream also did not see an obvious increase in demand, mainly to maintain rigid demand, downstream overall procurement enthusiasm is not good, chlor-alkali enterprises shipping pressure still exists, short-term liquid alkali market may still be under pressure operation. The price reduction of the new order in the tablet alkali market this week is relatively large. At present, the start-up of most tablet alkali plants is relatively stable, and individual enterprises have a small amount of inventory, but due to the relatively weak downstream demand, more rigid demand procurement is given priority to. In addition, some traders reflect that the shipment situation has improved, and it is expected that the short-term tablet alkali market may be weak and stable, and the market mentality may be more cautious.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index was 350, up 50, or 16.67%, and China's liquid chlorine index rose.

Caustic soda holding the list: