Caustic soda: Futures are operating in shock, market positions are reduced, and spot market trends are divided

Caustic soda futures analysis:    November 28th SH2405 contract opening price: 2580, the highest price: 2617, the lowest price: 2566, the spread: 51, the position: 48073, the reduction: 4849, the settlement price: 2593, yesterday's settlement: 2602, down: 9, the closing price: 2593, the daily trading volume: 57817 hands, the precipitated capital: 898 million, the capital outflow: 86.72 million.

Market price of caustic soda:

Caustic soda spot analysis:      caustic soda market trend is still slightly differentiated, liquid alkali market prices rise and fall each other, tablet alkali market trend is relatively stable, market trading atmosphere is general, prices in most areas are mainly horizontal, holding a wait-and-see mentality. Today, the liquid alkali market continues to show differential operation, prices in some areas are mixed, and there are no obvious changes in most regional markets. from the point of view of regional market price adjustment, the local price of 32% ion-exchange membrane alkali has increased by 10-50 yuan / ton. some areas fell by 10-70 yuan / ton, 49% ion-exchange membrane alkali fell by 30-50 yuan / ton, and 50% ion-exchange membrane alkali rose 20-30 yuan / ton. The prices of other concentrations of alkali remained stable, and the price range was not significantly adjusted. The load reduction operation of some production enterprises in Shandong, the main production area, and the change in supply, coupled with the low level of enterprise inventory, have given a boost to the local market; the early parking devices in some areas have almost recovered, and the supply has increased, and the price center of local market transaction has shifted downwards; the downstream demand in individual regions is not good, and the enterprise shipping situation is not ideal, so the shipping price is mainly reduced. The market transaction atmosphere in other areas 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. In most of the upstream production enterprises, manufacturers wait and see to stabilize prices, while some manufacturers quote and adjust prices and there are differences in price adjustment directions. Today, various regions of the tablet alkali market continue to maintain a stable trend, most areas do not see obvious fluctuations, prices maintain the previous level of operation, regional markets are mainly arranged horizontally. The start-up of the factory equipment is relatively stable, the enthusiasm of receiving goods downstream is general, and the market as a whole runs smoothly.

Caustic soda futures analysis:    caustic soda SH2405 contract shows a trend of rising first and then falling. The price of the night market fluctuated slightly and did not see a big market. After a short period of shock in the late morning trading, the price quickly rose to today's highest level, then began to wobble downward, and then continued to decline in the afternoon, and rebounded in the late afternoon, but not strong enough. As of today's close, SH2405 contracts fluctuated in the range of 2566-2617 throughout the day, with a price difference of 51 and a reduction of 4849 positions in the contract, with 48073 positions so far.

Caustic soda index analysis: according to Tdd-global data, China's caustic soda index was 2820.14, up 1.02%, or 0.036%, and China's caustic soda index rose.

Prediction of the later stage of caustic soda:    

Futures: caustic soda SH2405 contracts as a whole continue to show shock finishing operation, positions showed a certain trend of reducing positions and leaving the market. The technical level shows that the Bollinger belt (13, 13, 2) continues to diverge, the lower track continues to extend downward, the futures price continues to run within the middle and lower rail, and the daily KD line and MACD line show a dead-forked trend. At present, the policy and fundamentals are not enough to guide the trend, and short-term prices may continue to fluctuate.

Spot aspect: the caustic soda market continues to maintain a flexible adjustment trend, today's prices rise and fall each other, the market differential operation. In the later stage, the operation of most devices on the supply side is relatively stable, and negative reduction occurs in some enterprises in the main production area of Shandong, which plays a supporting role in the local market. We should also pay attention to the negative reduction of devices in other production enterprises. Most of the downstream demand maintains rigid demand procurement, and the change of procurement demand is not obvious for the time being. at present, the negative factors of the market in most regions are not obvious for the time being, and each regional market adjusts prices flexibly, and the trend of the short-term caustic soda market is expected to be slightly different. each region is mainly flexible to adjust prices, and the market mentality is relatively cautious.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on November 28th, China's liquid chlorine spot index was 428.89, up 0%, and China's liquid chlorine index was stable.