Caustic soda: Spot prices continue to fall, market supply and demand differ, and futures fluctuate downward

Caustic soda futures analysis:    January 3 SH2405 contract opening price: 2825, highest price: 2876, lowest price: 2786, spread: 90, position: 69672, reduced position: 1344, settlement price: 2837, yesterday settlement: 2865, down: 28, closing price: 2811, daily trading volume: 152586 hands, precipitated capital: 1.41 billion, capital outflow: 48.68 million.

Market price of caustic soda:

Caustic soda spot analysis:      caustic soda market shows a downward trend today, local manufacturers and market prices are falling, most of the market is relatively stable, the mentality is more cautious. There is no obvious change on both sides of supply and demand as a whole, and most of them maintain the previous level of operation. Today, the price of liquid alkali has fallen regionally, the market is weak and downward, the supply of goods on the market is adequate, the demand downstream is light, and negative factors are dominant in some areas. From the perspective of market price adjustment in various regions, the price of 32% ionic membrane alkali has dropped by 10-100 yuan / ton in some areas, and the price of 50% ionic membrane alkali has been reduced by 50 yuan / ton in some areas. the prices of other concentrations of alkali have remained stable, and the price range has not been significantly adjusted. The price drop in some areas is mainly due to the stable start-up of equipment in the local region, the adequate supply of liquid alkali in the market, while the performance of downstream demand is weak, the shipping pressure of enterprises is increased, and the trading atmosphere on the market is light, so the price reduction promotes shipment. 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, most manufacturers in the northwest of the tablet alkali market have lowered their ex-factory quotations, and this week's price reduction is relatively obvious. The supply on the market remains stable, the downstream demand is poor, and the market transaction price center of gravity is reduced by 50-100 yuan / ton. Market prices in some areas have not changed significantly, and prices are dominated by consolidation.

Caustic soda futures analysis:    caustic soda SH2405 contract concussion operation. Night trading price volatility operation, after the opening of morning trading, futures prices rose slightly, to today's high after the price began to shock downward, afternoon prices continued to maintain a concussive downward trend, rebounded slightly in late trading. As of today's close, SH2405 contracts fluctuated in the range of 2786-2876 throughout the day, with a price difference of 90 points and a reduction of 1344 positions in the contract, with a position of 69672 so far.

Caustic soda index analysis: according to Tdd-global data, on January 3, China's caustic soda index was 2642.54, down 18.09, or 0.68%, while China's caustic soda index fell.

Prediction of the later stage of caustic soda:    

Spot: at present, the supply side of caustic soda plant in most areas is stable, the supply is relatively sufficient, some enterprises have greater shipping pressure, can not form an obvious favorable support to the market, while some regional devices have maintenance plans recently, or there is some support for the local market; downstream demand has not significantly improved recently, demand is in the off-season, procurement enthusiasm of downstream industry is weak, rigid demand still has some support to the market. From the perspective of business mentality, the recent decline in the market is obvious, and some operators are cautious. Coupled with the poor performance of corporate profits, manufacturers are relatively cautious in quotation. On the whole, the operation of supply and demand in different regions is different, a few regional equipment maintenance has support to the local market, while most regional markets or maintain the current trend, each region is mainly flexible to adjust prices.

Futures: caustic soda SH2405 contract concussion downward, stock reduction operation, today's market point of view of the upper rail pressure level works, the futures price today mainly down, in the Bollinger belt between the upper rail shock operation, the technical level shows that Bollinger belt (13, 13, 2) three-track opening continues to upward, but on the track appears to turn the trend; daily-level KD line two lines show dead fork again, MACD line gold fork trend continues to narrow. Alumina futures prices of related products continued to rise strongly, setting a new high since the futures listing. Overall, short-term caustic soda SH2405 contract uplink pressure is greater, futures prices or shock downside.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on January 3, China's liquid chlorine spot index was 207, up 0%, and China's liquid chlorine index was stable.

Caustic soda holding the list: