Caustic soda: Futures prices continue to fluctuate on the middle and upper rails, the KD line shows a dead fork, and spot prices rise slightly in some places

Caustic soda futures analysis:    November 13 SH2405 contract opening price: 2678, highest price: 2695, lowest price: 2622, spread: 73, position: 60127, reduced position: 3442, settlement price: 2661, yesterday settlement: 2699, down: 38, closing price: 2630, daily trading volume: 170541 hands, precipitated capital: 1.139 billion, capital outflow: 88.98 million.

Market price of caustic soda:

Caustic soda spot analysis:      caustic soda prices have been raised in some areas in China today, and the market transaction atmosphere is OK. The range of the market price center rising 20-50 yuan / ton in a few areas varies from 20 to 50 yuan / ton. The market in most other areas is in the wait-and-see stage, the price adjustment is more cautious, and the market maintains a stable trend. Today, the liquid alkali market as a whole moves steadily, the center of gravity of market transactions in a few areas has moved up, and most markets are cautious. From the perspective of regional market price adjustment, 32% of ionic membrane alkali rose 20 yuan per ton, the prices of other concentrations of alkali remained stable, and there was no obvious fluctuation in the price range. The situation of receiving goods downstream in individual areas is OK, and the starting load of the local caustic soda plant is dissatisfied, the overall market rises slightly, and the price adjustment is relatively lagging; some regions in East China are driven by the previous price rise around them. in addition, there are devices in the region under maintenance, and the price range is mainly moved up. The market prices in other regions are stable, the changes between supply and demand are not obvious, the market mentality is more cautious, and there is no obvious price adjustment. Upstream production enterprises a small number of manufacturers raised ex-factory quotations, price adjustment in different directions, production enterprises in most other areas have not adjusted their quotations yet. Today, the price center of gravity in a few areas of the tablet alkali market has moved up, and the trend in other areas is mainly stable. At the beginning of the week, the market performance was relatively cautious, there were regional differences in market transactions, and the manufacturers showed no inventory. The ex-factory quotation of tablet alkali in Shandong has been raised by 50 yuan per ton, and that of individual manufacturers in the northwest region has been raised by 50 yuan per ton. most manufacturers have not seen the announcement of new order prices, and there is little fluctuation in the market transaction price range.

Caustic soda futures analysis:    caustic soda SH2405 contract has declined. The price of the night market fluctuated in a narrow range and did not see a big market. It fell back and showed a concussive trend after rising to the highest point in the morning, and there was a slight dive in the afternoon price and a shock in the late afternoon. As of today's close, SH2405 contracts fluctuated in the range of 2622-2695 throughout the day, with a price difference of 73 and a reduction of 3442 positions in the contract, with 60127 positions so far.

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index rose 8.88%, or 0.319%, to 2793.64 on November 13, while China's caustic soda index rose.

Prediction of the later stage of caustic soda:    

Futures: caustic soda SH2405 contract fell, trading situation: more than 17.4% vs. 17.9%, 19.7% vs. 21.2%. The technical level shows that the opening of the Bollinger belt (13, 13, 2) is slightly upward, but the upper track is flattened, the KD line at the daily line level shows a dead fork, the MACD line gold fork trend is slightly narrowed, and the price continues to wind between the middle and upper tracks. Recently, there has been a significant decrease in the overall position in the market. Today's closing shadow line is relatively long, there is still pressure above, and the guidance brought by fundamentals is insufficient, there are still pressure levels above short-term futures prices, and short-term focus on performance in the range of 2620-2670.

Spot aspect: at present, the spot market is mainly based on flexible price adjustment. In the liquid alkali market, due to the low price and volume in the early stage of the supply side, the enterprise inventory has been alleviated to a certain extent. At present, the enterprise inventory pressure is relatively small. Most of the industries downstream of the demand surface maintain rigid demand procurement, and the recent trend of the main downstream alumina market is poor. It is not ruled out that there are price reduction actions for liquid alkali enterprises, and the market fluctuations of papermaking, viscose staple fiber and printing and dyeing industry are limited. It does not play an important role in supporting the market, and the liquid alkali market is expected to maintain flexible adjustment in the short term. Most manufacturers in the tablet alkali market have no inventory, and the start of the plant is stable. at present, the price center of gravity of the market transaction is slightly higher than the ex-factory quotation, and the enthusiasm of businessmen to enter the market is higher than that of the previous period. Judging from the current market situation, the new order price in Northwest China this week may still be increased by 50-100 yuan / ton.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on November 13, China's liquid chlorine spot index was 466.67, up 0%, and China's liquid chlorine index was stable.

Caustic soda holding the list: