Caustic soda: Futures prices fluctuated upwards, intraday fluctuations intensified, and spot prices fell locally

Caustic soda futures analysis:    December 6 SH2405 contract opening price: 2567, highest price: 2607, lowest price: 2560, spread: 47, position: 46710, increase: 223, settlement price: 2586, yesterday settlement: 2587, down: 1, closing price: 2590, daily trading volume: 55602 hands, precipitated capital: 871 million, capital inflow: 9.18 million.

Market price of caustic soda:

Spot analysis of caustic soda:      today most areas of the caustic soda market maintain a stable trend, the market price center of gravity in a few areas continues to move down, the market trading atmosphere maintains the previous level of operation, liquid alkali prices are sporadically down in some areas, and flake alkali prices fall regionally. Today, the price of liquid alkali has changed steadily, the market has not changed much, the changes of both supply and demand are not obvious, and the operation of the previous level has been almost maintained. from the point of view of price adjustment in various regions, the price of 32% ionic membrane alkali has individually dropped by 70 yuan per ton. the prices of other concentrations of alkali have remained stable, and the price range has not been significantly adjusted. The decline in individual regions is mainly due to poor downstream demand, enterprise shipments are not ideal, and there is a slight increase in the supply side, so the price center of gravity in the local market has shifted downwards. 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. Some of the upstream production enterprises have lowered their ex-factory quotations, and most manufacturers wait and see to stabilize prices. A small number of manufacturers in the upstream production enterprises have lowered their ex-factory quotations, ranging from 10 to 70 yuan per ton. most manufacturers wait and see for stable prices, and the mentality of price adjustment is more cautious. Today, the trend of the tablet alkali market continues to show a downward trend, the market transaction prices have fallen regionally, most of the quotations of manufacturers in the northwest region have been lowered, and the overall market mentality is poor. Manufacturers have no inventory for the time being, supply increases slightly but does not affect the overall situation, downstream receiving enthusiasm is general, demand-side performance is poor, local market transaction price center of gravity continues to move down, low-price supply increases.

Caustic soda futures analysis:    caustic soda SH2405 contract as a whole has risen. After the opening of night trading, the market rose quickly and fluctuated at the end of the day; after a slight decline in early trading, it showed an upward trend again, and the afternoon price repeated the morning market, but fell slightly in late trading. As of today's close, SH2405 contracts fluctuated in the range of 2560-2607 throughout the day, with a price gap of 47 and a position increase of 223 hands and 46710 positions so far.

Caustic soda index analysis: according to Tdd-global data, on December 6, China's caustic soda index was 2790.77, down 13.07, or 0.466%. China's caustic soda index fell.

Prediction of the later stage of caustic soda:    

Futures: caustic soda SH2405 contract has a slight upward trend today, but the market shows a phased low of 2560, and the operation of futures prices is relatively narrow but mainly low; trading is 14.9% higher than short opening 17.6%, short 17.8% higher than 15.9%, and short positions are also more open. The technical level shows that the opening of the three tracks of the Bollinger belt (13, 13, 2) shows a downward trend, the KD line and MACD line at the daily level show a dead cross, the futures price runs between the middle and lower tracks, and the short-term caustic soda SH2405 contract price may maintain concussion operation, pay attention to the performance of the range 2540-2620.

Spot aspect: at present, the supply and demand level of the liquid alkali market is still in the game, most of the units are stable, the supply side is relatively sufficient, the downstream demand side performance is poor, the market supply is more and less demand, and the alumina plant is negative, and negative factors are dominant in the market. It is expected that the short-term liquid alkali market will still be dominated by regional decline. From the point of view of the tablet alkali market, manufacturers are still in the no-inventory stage, and individual sheet alkali plants in Inner Mongolia are affected by insufficient natural gas supply, but the supply affected as a whole is relatively limited. Manufacturers continue to lower their quotations this week, and transaction prices in various regional markets have fallen. Recently, traders have replenishment behavior, but the downstream demand side as a whole is still bearish and obvious, and it is expected that short-term tablet alkali market prices may be mainly adjusted flexibly.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on December 6, China's liquid chlorine spot index was 312.22, down 0, with a range of 0%. China's liquid chlorine index is stable.

Caustic soda holding the list: