Caustic soda: Futures prices fluctuated downward, the technical gold fork trend narrowed significantly, and spot prices fell regionally

Caustic soda futures analysis:    December 4 SH2405 contract opening price: 2655, highest price: 2677, lowest price: 2611, spread: 66, position: 47729, increase: 558, settlement price: 2645, yesterday settlement: 2664, down: 19, closing price: 2619, daily trading volume: 83965 hands, precipitated capital: 900 million, capital outflow: 8.16 million.

Market price of caustic soda:

Spot analysis of caustic soda:      caustic soda market as a whole showed a downward trend today, some manufacturers lowered factory quotations over the weekend, market prices in some areas showed a regional decline at the beginning of the week, the market transaction atmosphere was slightly general, most regional markets continued to wait and see the market, and prices did not fluctuate significantly. Today, the liquid alkali market is running down regionally, the supply of low-priced goods in some areas is increasing, and the market trading atmosphere is general and showing regional differences. from the perspective of regional market price adjustment, the price of 32% ion-exchange membrane alkali has dropped by 10-100 yuan per ton, and the price of 48% ion-exchange membrane alkali has dropped by 50-100 yuan per ton. the prices of other concentrations of alkali have remained stable, and the price range has not been significantly adjusted. The enthusiasm of receiving goods downstream in some areas is poor, the shipping pressure of enterprises is increased, and the shipping situation is poor, so the merchants reduce the shipping price to promote the transaction; the supply section of liquid alkali in some areas increases slightly, but the demand performance is poor, and the market transaction price center of gravity moves downwards mainly; Henan alumina purchasing liquid alkali price is lowered in December, showing a negative impact on the local market, and the market transaction price range is down. 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. Upstream production enterprises in most areas manufacturers wait and see to stabilize prices, a few manufacturers adjust quotations and in different directions. Today, the performance of the tablet alkali market is stable in most areas at the beginning of the week, the quotations of tablet alkali manufacturers in Shandong have been lowered, the price center of transaction in the local market has also moved down, the northwest region has remained stable for the time being, the pre-sale situation of enterprises is normal, and the price arrangement is mainly in the local market. The shipping situation of merchants is relatively general, the enthusiasm of receiving goods downstream is general, merchants in individual areas reduce prices to promote shipments, and the mentality of most areas is relatively cautious.

Caustic soda futures analysis:    caustic soda SH2405 contract open low, night trading concussion operation, the price of early trading down is more obvious, there is a small rebound after today's low, fell again in late trading, afternoon prices continue to fluctuate downward. As of today's close, SH2405 contracts fluctuated in the range of 2611-2677 throughout the day, with a spread of 66jue 05 contracts with an increase of 558 positions and 47729 positions so far.

Caustic soda index analysis: according to Tuduoduo data, on December 4, China's caustic soda index was 2819.62, down 21.32, or 0.75%, while China's caustic soda index fell.

Prediction of the later stage of caustic soda:    

Futures: caustic soda SH2405 contract price jumped short and opened low, showing a downward trend as a whole. The technical level shows that the opening of the three tracks of the Bollinger belt (13,13,2) shows a slight downward trend, and the KD line and MACD line at the daily level show a golden fork trend, but the golden fork trend narrows obviously, and today's futures price fluctuates near the middle rail of the Bollinger belt. There is no clear news about the fundamentals and policies, and short-term futures may continue to fluctuate.

Spot aspect: the spot market of caustic soda fell mainly at the beginning of the week, and the negative factors were obvious in some areas. At present, the start-up of enterprise installations in various regions is relatively stable, the performance of the supply side is basically stable, and the inventory pressure of manufacturers is relatively small, which has a certain support for the price of caustic soda. Recently, there has been no obvious change in the start-up of the downstream demand plant. The demand side as a whole is dominated by rigid demand procurement, and the overall performance is relatively insipid. In addition, the purchase price of liquid alkali in December was announced in some areas at the beginning of this month. Shanxi and Henan regions are mainly down-regulated, which has negative guidance to the local market, and the operators in some areas are lack of confidence in the future, and their mentality is relatively cautious. It is expected that the short-term caustic soda market may still be dominated by regional changes, and most regional markets may operate stably.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on December 4, China's liquid chlorine spot index was 323.33, down 0, a range of 0%. China's liquid chlorine index is stable.

Caustic soda holding the list: