< img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2433975083660159&ev=PageView&noscript=1" />

Caustic soda: Futures rose first and then suppressed in the afternoon, and transactions showed a slight increase in positions. The spot market was mixed

92,757
November 15, 2023, 3:34 PM


Caustic soda futures analysis:    November 15 SH2405 contract opening price: 2670, the highest price: 2701, the lowest price: 2651, spread: 50, position: 59778, increased position: 570, settlement price: 2678, yesterday settlement: 2657, up: 21, closing price: 2665, daily trading volume: 92573 hands, precipitated capital: 1.147 billion, capital inflow: 7.95 million.

 

Market price of caustic soda:

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

Specifications

Market

November fourteenth

November fifteenth

Rise and fall

Remarks

32% ionic membrane alkali

Northeast China

950-1350

950-1350

0/0

Ex-factory price

Northwest

736-800

736-784

0/-16

Ex-factory price

North China

760-840

760-840

0/0

-

Hebei

840-880

820-880

-20/0

Ex-factory price

South China

950-1250

950-1250

0/0

Can price

Shandong

730-860

730-860

0/0

Current exchange rate

Zhejiang

1080-1120

1080-1120

0/0

-

Jiangsu Province

830-950

830-950

0/0

Delivery price

Tianjin

2600-2650

2550-2650

-50/0

A discount of 100%

Anhui Province

830-880

830-880

0/0

Ex-factory price

Henan

2850-3000

2850-3000

0/0

A discount of 100%

50% ionic membrane alkali

North China

1240-1380

1260-1380

20/0

Ex-factory price

Hebei

1360-1380

1360-1380

0/0

Ex-factory price

Shandong

1240-1300

1240-1300

0/0

Current exchange rate

Tianjin

2750-2800

2750-2850

0/50

A discount of 100%

Southwest

3200-3300

3200-3300

0/0

A discount of 100%

99% tablet alkali

Northwest

2700-3000

2800-3050

100/50

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

1350-1430

1350-1430

0/0

Ex-factory price

30% ionic membrane alkali

Southwest

940-1000

870-940

-70/-70

-

48% ionic membrane alkali

Henan

3100-3250

3100-3250

0/0

A discount of 100%

 

Caustic soda spot analysis:      today, the trend of China's caustic soda is differentiated, the market trading atmosphere is more flexible, the prices of liquid caustic soda are mixed, the prices of flake soda are partially raised, the market is more flexible to adjust prices, and there are still some operators who wait and see the market cautiously. Today, the liquid alkali market shows differential operation, and prices rise and fall each other. Judging from the price adjustment in various regions, 32% of the ionic membrane alkali has dropped 16-50 yuan / ton, 50% of the ionic membrane alkali has risen 20-50 yuan / ton, and 30% of the ionic membrane alkali has dropped 70 yuan / ton. The prices of other concentrations of alkali have remained stable, and there is no obvious fluctuation in the price range. The transaction situation in some areas is general, the merchant shipping price is loose; the price rise in some areas is supported by the supply side; the inventory of low concentration alkali enterprises in some areas increases slightly, which is bad for the local liquid alkali price, and the market transaction price falls mainly. 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. A small number of upstream production enterprises adjust the ex-factory quotation, and the price adjustment direction is different, while the production enterprises in most other areas have not adjusted the quotation yet. Today, the manufacturers in the tablet alkali market have no inventory, and the circulation of goods in the market is tight. The new prices of most manufacturers are raised by 100 yuan / ton, and the pre-sale of enterprises is OK. The transaction situation in each regional market is relatively flexible, and the transaction price in some areas has been raised. Most of them operate steadily, and the shipment situation in each region is relatively stable, and the transaction price is higher than the factory quotation.

 

Caustic soda futures analysis:    caustic soda SH2405 contract slightly upward. Night futures prices rose to today's high 2701, after the opening of the morning concussion operation, afternoon prices dived, the intraday low rebounded. As of today's close, SH2405 contracts fluctuated in the range of 2651-2701 throughout the day, with a 50-point spread of 570 positions and 59778 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index was 2813.29, up 9.32%, or 0.333%, and China's caustic soda index rose.

 

 

Prediction of the later stage of caustic soda:    

Futures: the futures price of caustic soda SH2405 contract is OK in the morning, which rebounded somewhat compared with yesterday, but fell back in the afternoon, showing a negative column cross star after the close, with a long shadow line and still pressure above the disk. Today's turnover: 16.3% more than empty 18%, 16.6% more than 19.2%. At the technical level, the opening of the Bollinger belt (13, 13, 2) continues upward, the KD line at the daily level tends to narrow, and the MACD line still shows a golden fork. In the short term, the pressure level above the futures price still exists, focusing on the performance in the range of 2635-2710 in the short term.

Spot aspect: the overall inventory of the liquid alkali market is at a low level, the supporting role of supply and demand in the market is not strong, and there are regional differences. At present, the market prices in various regions are mainly adjusted flexibly, and there are no factors to guide the overall trend of the market. The short-term liquid alkali market maintains the status quo, and the price adjustment direction of different regions is different, mainly by small adjustments. The tablet alkali manufacturers are in a state of no inventory, and the pre-sale of the manufacturers is OK. The temporary parking of individual devices aggravates the shortage of goods in Inner Mongolia. At present, some traders in the market tend to sell the goods in Xinjiang. The market transaction price is higher than the ex-factory quotation, which is generally affected by the downstream receiving performance, most markets are more cautious in price adjustment, and more flexibly raise the shipping price, and the increase in the manufacturer's price also forms a certain pull on the market transaction price. It is expected that the transaction price in the short-term tablet alkali market will be adjusted flexibly and pay attention to the downstream receiving situation.

 

Market price of liquid chlorine:

Summary of market price (unit: yuan / ton)

Area

November fourteenth

November fifteenth

Rise and fall

Remarks

Northeast China

300-500

200-400

-100/-100

Tank car quotation

Shandong province

400-500

300-400

-100/-100

Tank car quotation

Zhejiang Province

500-600

500-600

0/0

Tank car quotation

East China region

350-400

200-300

-150/-100

Tank car quotation

Southwest China

400-600

400-600

0/0

Tank car quotation

Central China

250-450

250-450

0/0

Tank car quotation

Inner Mongolia

200-300

200-300

0/0

Tank car quotation

Anhui province

250-300

300-400

50/100

Tank car quotation

Hebei Province

400-600

300-500

-100/-100

Tank car quotation

 

Liquid chlorine index analysis:    according to Tuduoduo data, on November 15, China's liquid chlorine spot index was 373.33, down 38.89, or 9.43%. China's liquid chlorine index fell.