Caustic soda: Futures prices plunged continuously at night, rebounded within the day, and spot prices stabilized slightly

Caustic soda futures analysis:    November 20 SH2405 contract opening price: 2601, highest price: 2615, lowest price: 2562, spread: 53, position: 51288, reduced position: 996, settlement price: 2591, yesterday settlement: 2598, down: 7, closing price: 2611, daily trading volume: 58015 hands, precipitated capital: 964 million, capital outflow: 16.09 million.

Market price of caustic soda:

Spot analysis of caustic soda:      today the trend of caustic soda market fluctuates slightly in some areas, there is no obvious change in most areas, the market trend is relatively stable, the transaction atmosphere is different in different regions, and the prices in most areas are mainly arranged horizontally, holding a wait-and-see mentality. Today, liquid alkali market prices almost maintain the previous level of operation, the market transaction prices in most areas are stable, there is no obvious change in the market, and prices in some areas have moved down slightly. From the perspective of market price adjustment in various regions, the mainstream price of 50% ionic membrane alkali in individual areas has dropped by 10 yuan / ton, while the prices of other concentrations of alkali have remained stable, and the price range has not been significantly adjusted. The transaction atmosphere of each regional market is general, and most of them maintain the previous level. in most areas of the market, the supply and demand side of the market does not change much, and the operation is relatively mild, and there are no obvious factors affecting the market trend in the market for the time being. there is no obvious change in the barycenter of transaction price in each regional market. Upstream production enterprises in most areas manufacturers wait and see to stabilize prices, price adjustment mentality is more cautious, individual manufacturers in other areas offer sporadic adjustment and price adjustment direction is slightly different. Today, the overall transaction situation of the tablet alkali market is relatively flexible, most of the regional markets are mainly arranged horizontally, and the price center of gravity of individual regional markets has slightly moved up. The quotation of the manufacturer is relatively strong, and the pre-sale of the enterprise is normal. Most traders ship goods along with the market, and the market mentality is more cautious near the weekend.

Caustic soda futures analysis:    caustic soda SH2405 contract fell first and then rose, and then dived slightly at the opening of night trading, rebounding slightly after today's lowest point of 2562; the market fluctuated slightly in the morning, and afternoon prices continued to rise to today's highest level of 2615, and fluctuated in late trading. As of today's close, SH2405 contracts fluctuated in the range of 2562-2615 throughout the day, with a price difference of 53. 05. the contract reduced its position by 996 hands and has held 51288 positions so far.

Caustic soda index analysis: according to Tdd-global data, China's caustic soda index was 2819.58, down 1.1%, or 0.039%, while China's caustic soda index fell.

Prediction of the later stage of caustic soda:    

Futures: caustic soda SH2405 contract fell significantly at night, but the daytime price rebounded, making up for the decline in the night market. Today's trading: 14.2% more than empty 17.1%, empty 20.7% versus 14.8%. The technical level shows that the Bollinger belt (13, 13, 2) shows a divergent trend, the lower track is more obvious downward, the KD line at the daily level shows a dead fork, and the MACD line crosses. The futures price is currently below the MA combination line. In the short term, there is still support below the futures price, focusing on the mid-rail pressure level.

Spot aspect: at present, the plant start-up in most areas of the liquid alkali market is stable, the enterprise inventory pressure is not great, the market supply is sufficient, which can not form obvious support to the liquid alkali market, the plant operation in some areas is insufficient, and the enterprise inventory is low. there is a certain support to the local market, and the supply side as a whole shows regional changes. The purchasing situation of most of the downstream demand on the demand side is relatively stable, the change of downstream enterprise equipment is not obvious for the time being, maintaining rigid demand procurement, there is still an obvious contradiction between supply and demand, and it is expected that the short-term liquid alkali market may still show regional adjustment. most markets are mainly wait-and-see. The start-up of most devices in tablet alkali enterprises is relatively stable, individual maintenance devices have been restored in the early stage, and the overall supply has increased. At present, the inventory pressure of enterprises is still small, the price-raising mentality of manufacturers is relatively obvious, and more rigid demand procurement is maintained downstream. It is expected that the short-term tablet alkali market may maintain the current trend of operation.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on November 24, China's liquid chlorine spot index was 406.67, down 66.67, or 14.08%. China's liquid chlorine index fell.