Caustic soda: Futures prices rose first and then fell, Bollinger Band diverged on the three tracks, and spot prices were mixed

Caustic soda futures analysis:    November 27th SH2405 contract opening price: 2609, highest price: 2638, lowest price: 2575, spread: 63, position: 52922, increase: 1634, settlement price: 2602, yesterday settlement: 2591, up: 11, closing price: 2583, daily trading volume: 80202 hands, precipitated capital: 984 million, capital inflow: 20.05 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	November twenty _ fourth	November twenty _ seventh	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	950-1300	950-1300	0/0	Ex-factory price
	Northwest	736-784	736-784	0/0	Ex-factory price
	North China	760-840	760-840	0/0	-
	Hebei	800-860	820-870	20/10	Ex-factory price
	South China	940-1250	940-1250	0/0	Can price
	Shandong	730-860	730-900	0/40	Current exchange rate
	Zhejiang	1080-1120	1080-1120	0/0	-
	Jiangsu Province	830-950	830-950	0/0	Delivery price
	Tianjin	2500-2650	2500-2600	0/-50	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	1260-1380	1260-1380	0/0	Ex-factory price
	Hebei	1360-1380	1360-1380	0/0	Ex-factory price
	Shandong	1260-1300	1260-1300	0/0	Current exchange rate
	Tianjin	2750-2850	2600-2750	-150/-100	A discount of 100%
	Southwest	3100-3200	3100-3200	0/0	A discount of 100%
99% tablet alkali	Northwest	2900-3100	2900-3100	0/0	Ex-factory price
	Shandong	3650-3800	3650-3800	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	870-940	870-940	0/0	-
48% ionic membrane alkali	Henan	3100-3250	3100-3250	0/0	A discount of 100%

 

Caustic soda spot analysis:      today's caustic soda market shows differential operation, prices rise and fall each other, the market transaction atmosphere is general, the prices in most areas are mainly arranged horizontally, holding a wait-and-see mentality, and the transaction prices in a few areas fluctuate slightly. Today, the trend of the liquid alkali market is slightly differentiated, and prices vary. In most regions, the market is mainly arranged horizontally, the wait-and-see mood is heavy, and the prices in a few areas are adjusted. From the point of view of price adjustment in various regions, the price of 32% ionic membrane alkali in some areas has increased by 10-40 yuan / ton, while that in some areas has dropped by 50 yuan / ton, and that of 50% ion-exchange membrane alkali in individual areas has dropped by 100-150 yuan / ton. The prices of other concentrations of ionic membrane alkali have remained stable. There is no significant adjustment in the price range. Some areas can be affected by downstream pick-up, enterprise shipments improve, coupled with enterprise inventory pressure is not great, prices rose slightly; prices in some areas today mostly make up for falling behavior. In most other areas, the market transaction atmosphere is general, mostly maintain the previous level, the supply and demand side changes little, and the operation is relatively mild, there are no obvious factors affecting the market trend in the market, and there is no obvious change in the transaction price center for the time being. Upstream production enterprises in most areas manufacturers wait and see price stability, individual manufacturers sporadic adjustment and price adjustment direction is different. Today, most areas of the tablet alkali market maintain a stable trend, the market performance is relatively cautious at the beginning of the week, and the regional markets are more organized and operated. At the beginning of the week, most of the manufacturers' quotations were not announced, the start of the plant was stable, the enthusiasm for receiving goods downstream was general, and the overall market price adjustment was more cautious.

 

 

Caustic soda futures analysis:    caustic soda SH2405 contract opened slightly lower night trading began to rebound, today's morning futures prices showed a clear decline, giving up the night market gains, late trading shock, afternoon trading did not see a big market, continue to maintain the shock trend. As of today's close, SH2405 contracts fluctuated in the range of 2575-2638 throughout the day, with a price difference of 63. 55. the contract increased its position by 1634 hands, and so far it has held 52922 positions.

 

Caustic soda index analysis: according to Tdd-global data, on November 27th, China's caustic soda index was 2819.13, down 0.45, or 0.016%. China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Futures: caustic soda SH2405 contract first rose and then fell, today's trading: 15.7% more than short open 17.4%, 16.2% flat compared to 17.7% flat, short positions continue to have an advantage. The technical level shows that the Bollinger belt (13, 13, 2) shows a divergent trend, and the lower track continues to extend downwards, but the high test of today's price failed to break through, the KD line at the daily level shows a dead fork, and the MACD line crosses slightly. At present, the upward price of futures lacks sufficient motivation, and the fundamental factors are also relatively scarce. in the short term, the pressure level of the middle rail still exists, paying attention to the performance of the range 2560-2630.

Spot aspect: the operation of caustic soda market at the beginning of the week is relatively stable, a few regional markets have small fluctuations, and most markets are relatively stable. At present, from the point of view of the market, the start-up of the equipment of the supply-side production enterprises is relatively stable, the supply side as a whole is relatively sufficient, the start-up of most industries downstream is relatively stable, and more maintain the rhythm of rigid demand procurement, and the overall enthusiasm for receiving goods is general. Both supply and demand can not bring enough support to the market, and there are no other influencing factors to guide the overall trend of the market. It is expected that the short-term caustic soda market will be mainly adjusted flexibly, and most areas may maintain a stable trend.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on November 27th, China's liquid chlorine spot index was 428.89, up 22.22%, or 5.46%. China's liquid chlorine index rose.

 

 

Caustic soda holding the list: