Caustic soda: Spot prices are mixed, market trends are divided, and futures Bollinger Band opens upwards on the three tracks

Caustic soda futures analysis:    December 26th SH2405 contract opening price: 2837, highest price: 2893, lowest price: 2808, spread: 85, position: 72188, reduction: 4794, settlement price: 2849, yesterday settlement: 2816, down: 33, closing price: 2817, daily trading volume: 227969 hands, precipitated capital: 1.464 billion, capital outflow: 108 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	December twenty _ fifth	December twenty _ sixth	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	720-800	720-790	0/-10	-
	Hebei	740-800	740-790	0/-10	Ex-factory price
	South China	910-1050	910-1050	0/0	Can price
	Shandong	710-780	710-780	0/0	Current exchange rate
	Zhejiang	1000-1050	980-1020	-20/-30	-
	Jiangsu Province	760-860	760-860	0/0	Delivery price
	Tianjin	2400-2450	2400-2450	0/0	A discount of 100%
	Anhui Province	820-860	820-860	0/0	Ex-factory price
	Henan	2800-3000	2800-3000	0/0	A discount of 100%
50% ionic membrane alkali	North China	1170-1280	1170-1300	0/20	Ex-factory price
	Hebei	1270-1290	1280-1300	10/10	Ex-factory price
	Shandong	1170-1270	1190-1270	20/0	Current exchange rate
	Tianjin	2500-2600	2500-2600	0/0	A discount of 100%
	Southwest	3000-3200	3000-3200	0/0	A discount of 100%
99% tablet alkali	Northwest	2750-3000	2700-2950	-50/-50	Ex-factory price
	Shandong	3400-3500	3400-3500	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	1230-1350	1230-1350	0/0	Ex-factory price
30% ionic membrane alkali	Southwest	870-930	870-930	0/0	-
48% ionic membrane alkali	Henan	3000-3200	3000-3200	0/0	A discount of 100%

 

Caustic soda spot analysis:      caustic soda market today is divided, prices rise and fall each other, most regional markets maintain a stable trend, a few regional prices have been adjusted, low concentration prices continue to fall mainly in individual areas, high concentration prices rise a few, the market mentality is different. Today, the price of liquid alkali continues to show a trend of differentiation, the market transaction atmosphere is general, the price of low concentration alkali continues to fall in some areas, and the price of high concentration alkali rises partially. From the perspective of price adjustment in various regions, the price of 32% ion-exchange membrane alkali has dropped by 10-30 yuan per ton, and the price of 50% ion-exchange membrane alkali has increased by 10-20 yuan per ton. The price of other concentration alkali has remained stable, and the price range has not been significantly adjusted. First of all, the impact of environmental protection supports the price of high concentration alkali in Shandong area, and the price center of gravity of the market transaction has moved up; the shipping pressure of caustic soda enterprises in some areas is relatively high, and the supply is stable and sufficient, while the enthusiasm of receiving goods downstream is poor, and the market is obviously negative, and prices mainly fall slightly. 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. The price adjustment direction of upstream production enterprises is different, most manufacturers wait and see to stabilize the price, and the mentality is relatively cautious. Today, the transaction situation in the tablet alkali market is light and stable, most of the devices in the tablet alkali production enterprises start normally, the supply is stable, the downstream demand remains lukewarm, and the fundamentals have not changed much. Some manufacturers in the northwest region announced that the ex-factory quotation of tablet alkali was lowered, the market transaction price center of gravity moved down partially, and the mentality was weak.

 

Caustic soda futures analysis:    caustic soda SH2405 contract concussion downward. The futures price rose after the opening of the night trading, fluctuated downwards after the highest point of the day at 2893, fluctuated in the morning, maintained the trend of the morning market in the afternoon, and shook again after a slight dive in late trading. As of today's close, SH2405 contracts fluctuated in the range of 2808-2893 throughout the day, with a price difference of 85%. The position in the contract was reduced by 4794 hands, and so far it has held 72188 positions.

 

Caustic soda index analysis: according to Tuduoduo data, on December 26th, China's caustic soda index was 2680.11, down 4.58%, or 0.171%. China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect:

From the point of view of the liquid alkali market, due to the recent impact of environmental protection in Shandong, the main producing area, some enterprise devices have begun to reduce negative production, and the specific impact of environmental protection on local enterprise installations is still unknown. Recently, there is a favorable support for the high concentration alkali market, but there is no obvious impact on the low concentration alkali market. In the later stage, we should pay attention to the impact of environmental protection on the main producing areas of Shandong. The plant start-up in most other areas has almost remained stable, the market supply is relatively sufficient, some enterprises have greater shipping pressure, there is no obvious support to the market, the demand side maintains rigid demand, and the market mentality is cautious near the end of the month. prices or weak consolidation in most areas are mainly good support in a few areas, and it is expected that the short-term liquid alkali market may continue to show differential operation. The recent decline in the tablet alkali market is mainly due to the normal operation of enterprise devices, the relatively stable supply side in the market, and the weak and stable operation of downstream demand. There are no positive factors in the market at present, and it is expected that short-term tablet alkali market prices or regional decline will be the main.

Futures: caustic soda SH2405 contract is currently at a high price, showing a downward trend today, the market has reduced positions. Market turnover: 18.4% more than short opening 18.1%, empty 18.7% versus multi-level 24.3%, long positions more. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) is upward, and the upper track has a slight turning trend; the KD line at the daily level shows a dead fork trend, and the MACD line shows a golden fork trend. At present, there is a downward trend in futures prices, and short-term caustic soda SH2405 contracts are expected to fall under pressure.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on December 26th, China's liquid chlorine spot index was 201.33, down 22.11, or 9.9%. China's liquid chlorine index fell.

 

 

Caustic soda holding the list: