Caustic soda: Futures prices are intertwined on the upper track, the Bollinger Band is expanding on the three tracks, and spot prices are mixed

Caustic soda futures analysis:    December 25 SH2405 contract opening price: 2810, highest price: 2851, lowest price: 2768, spread: 83, position: 76982, reduced position: 3530, settlement price: 2816, yesterday settlement: 2859, down: 43, closing price: 2836, daily trading volume: 228672 hands, precipitated capital: 1.572 billion, capital outflow: 59.33 million.

Market price of caustic soda:

Spot analysis of caustic soda:      today's caustic soda market shows differential operation, prices in some areas are adjusted but in different directions, prices of low concentration caustic soda in some areas show a downward trend, while high concentration caustic soda rises. Today, the price of liquid alkali rises and falls, the price of low concentration alkali falls slightly, and the price of high concentration alkali rises mainly. From the point of view of price adjustment in various regions, the price of 32% ionic membrane alkali is 10-40 yuan / ton, and the price of 50% ionic membrane alkali is up 20-100 yuan / ton. The prices of other concentrations of alkali remain stable, and the price range has not been significantly adjusted. First of all, the price reduction of low concentration alkali is mainly due to the period last Friday, when the main downstream alumina manufacturers in Shandong announced that they began to lower the purchase price of liquid alkali on the 23rd, and today's price reduction in Shandong mostly reflects the downward trend of this downstream price; the price reduction in Hebei, on the one hand, is not good enough for local enterprises, on the other hand, it is affected by the price reduction in Shandong. The performance of the market in other areas is stable, most of the devices start normally, the downstream demand maintains rigid demand procurement, the market transaction atmosphere is general, most of them maintain the previous level, and the supply and demand side does not change much. 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 Shandong area, most manufacturers lower the ex-factory quotation, a few up-regulated, most manufacturers in other areas wait and see price stability, the mentality is relatively cautious. The northwest region is mainly wait-and-see at the beginning of the week, the pre-sale situation of the manufacturers is normal, most of the devices are stable, and the price has not been significantly adjusted. In most areas, the performance of merchant shipments is general, the market transaction atmosphere is weak, and the overall performance is lukewarm.

Caustic soda futures analysis:    caustic soda SH2405 contract concussion operation, night trading price up immediately after the shock operation, late trading down; wide fluctuations in the morning, afternoon prices showed a shock upward trend. As of today's close, SH2405 contracts fluctuated in the range of 2768-2851 throughout the day, with a price difference of 83. 55.The position was reduced by 3530 positions and 76982 positions have been held so far.

Caustic soda index analysis: according to Tdd-global data, on December 25, China's caustic soda index was 2684.7, down 4.79, or 0.178%. China's caustic soda index fell.

Prediction of the later stage of caustic soda:    

Futures: caustic soda SH2405 contract today, the overall shock operation, the futures price did not see obvious big fluctuations. In terms of trading volume: 18.7% more than 17.6% empty, 19.5% flat and 22.4% more flat. The technical level shows that the opening of the middle and upper rails in the Bolin belt (13, 13, 2) continues upward, and the opening of the lower rails goes down; the KD line at the daily level shows a dead fork trend, and the MACD line shows a golden fork trend. At present, the price is winding on the upper track, and the short-term caustic soda SH2405 contract may have some pressure on the upper track.

Spot aspect: the market shows differential operation at the beginning of the week, and the price adjustment directions of low concentration alkali and high concentration alkali are different. In the later stage of the market, the start-up of most devices in the liquid alkali market is stable, the performance of the supply side is sufficient, the shipping pressure of enterprises in some areas is greater, and more rigid demand procurement is maintained downstream, which provides rigid support to the market. The recent strong upward trend in futures prices did not drive the spot market, and the spot market remained weak. It is expected that short-term liquid alkali market prices may continue to be under pressure down. Plant maintenance of production enterprises in some areas of the tablet alkali market, production situation is unstable, enterprise inventory pressure is not great, downstream demand maintains rigid demand procurement, the overall performance is light and stable, road transportation is not smooth affected by heavy snow weather in the early stage, resulting in tense arrival in individual areas, the market at the beginning of the week is more insipid, operators wait and see the market, it is expected that the short-term tablet alkali market or shock operation, pay attention to the announcement of new single prices in the northwest region.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on December 25, China's liquid chlorine spot index was 223.44, down 83.22, or 27.14%. China's liquid chlorine index fell.

Caustic soda holding the list: