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Caustic soda: The price of high-concentration alkali continues to rise sporadically, the market continues to rise and is weak, and futures prices fluctuate downward

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December 27, 2023, 3:56 PM


Caustic soda futures analysis:    December 27th SH2405 contract opening price: 2820, highest price: 2842, lowest price: 2783, spread: 59, position: 67775, position reduction: 4413, settlement price: 2815, yesterday settlement: 2849, down: 34, closing price: 2794, daily trading volume: 111657 hands, precipitated capital: 1.363 billion, capital outflow: 101 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)

Specifications

Market

December twenty _ sixth

December twenty _ seventh

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

720-790

720-790

0/0

-

Hebei

740-790

740-790

0/0

Ex-factory price

South China

910-1050

910-1050

0/0

Can price

Shandong

710-780

710-780

0/0

Current exchange rate

Zhejiang

980-1020

980-1020

0/0

-

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

2700-2900

-100/-100

A discount of 100%

50% ionic membrane alkali

North China

1170-1300

1190-1300

20/0

Ex-factory price

Hebei

1280-1300

1280-1300

0/0

Ex-factory price

Shandong

1190-1270

1200-1270

10/0

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

2700-2950

2700-2900

0/-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%

 

Spot analysis of caustic soda:      the overall caustic soda market moves steadily today, the price adjustment is slightly different, the market transaction atmosphere is relatively light, the operator mentality is cautious, the price adjustment in a few areas, the market in most areas is stable, and the price adjustment is more cautious. Today, the operation of the liquid alkali market is stable in most areas, and prices in some areas have been slightly adjusted, but there are still some differences in the direction of adjustment. From the point of view of price adjustment in various regions, the price of 32% ionic membrane alkali has individually dropped by 100 yuan / ton, and the price of 50% ionic membrane alkali has increased by 10-20 yuan / ton. the prices of other concentrations of alkali have remained stable, and the price range has not been significantly adjusted. The price of low-concentration alkali decreased slightly in some areas, mainly due to poor local downstream demand, and the shipping situation of enterprises was not smooth, so the price reduction promoted the transaction; in some areas, the supply volume of goods in the high-concentration alkali market decreased relatively, and the price continued to rise mainly. 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 upstream production enterprise individual sporadic adjustment, most manufacturers stable price wait and see mainly, the mentality performance is relatively cautious. Today, the tablet alkali market continues to operate weakly, with the center of gravity of local market transactions moving down 50-100 yuan / ton. Most of the upstream production enterprises are stable in operation, and the downstream demand maintains rigid demand procurement, with little change on both sides of supply and demand, lack of confidence in the future, flat market trading, and more wait-and-see market.

 

Caustic soda futures analysis:    caustic soda SH2405 contract continues to fluctuate downwards. After the night trading price rose slightly to today's highest point, it began to wobble downwards. The price fluctuated in a narrow range in the morning and dived slightly in the afternoon before bottoming out and rebounding slightly. As of today's close, SH2405 contracts fluctuated in the range of 2783-2842 throughout the day, with a price difference of 59% and a reduction of 4413 positions in the contract. So far, 67775 positions have been held.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index fell by 0.405% to 2669.26, down 10.85%, while China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: at present, near the end of the month, most operators are more cautious, the enthusiasm of receiving goods is not high, and each region is mainly flexible to adjust prices. The overall change of both supply and demand in the liquid alkali market is small, maintaining the operation of the situation of more supply and less demand, the negative production of downstream enterprises in some areas, the reduction of demand and the weakening of market support, and the shipping pressure of caustic soda enterprises still exists. on the other hand, local devices have negative reduction plans or have certain support for local prices, and it is expected that the short-term liquid alkali market will continue to show differential operation. In the tablet alkali market, except for the unstable production of individual devices, the start-up of most other devices is stable, there is no greater pressure on the supply side, and more rigid demand procurement is maintained downstream. There is no obvious pre-festival stock preparation behavior near New Year's Day, and the operators are mainly waiting for the market. It is expected that the short-term tablet alkali market will maintain a weak operation.

Futures: caustic soda SH2405 contract prices continue to fall mainly, today fell back to Brin belt on the track below the operation, the disk continued to reduce positions down. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) continues upward; the KD line at the daily level has a trend of dead fork, and the MACD line shows a golden fork trend. At present, the Red Sea event ended in the market fermentation, the overall price began to fall, short-term caustic soda SH2405 contract may continue to decline.

 

Market price of liquid chlorine:

Summary of market price (unit: yuan / ton)

Area

December twenty _ sixth

December twenty _ seventh

Rise and fall

Remarks

Northeast China

-100-1

-200-1

-100/0

Tank car quotation

Shandong province

-100-50

-200-1

-100/-49

Tank car quotation

Zhejiang Province

500-600

500-600

0/0

Tank car quotation

East China region

-150-1

-150-1

0/0

Tank car quotation

Southwest China

400-600

400-600

0/0

Tank car quotation

Central China

50-200

-50-150

-100/-50

Tank car quotation

Inner Mongolia

200-300

200-300

0/0

Tank car quotation

Anhui province

300-400

300-400

0/0

Tank car quotation

Hebei Province

-10-100

-100-1

-90/-99

Tank car quotation

 

Liquid chlorine index analysis:    according to Tuduoduo data, on December 27th, China's liquid chlorine spot index was 162.33, down 39, or 19.37%. China's liquid chlorine index fell.

 

 

Caustic soda holding the list: