Caustic soda: Spot prices were cut sporadically, and futures prices were operating in shock

Caustic soda futures analysis:    January 5 SH2405 contract opening price: 2740, highest price: 2752, lowest price: 2694, spread: 58, position: 60125, reduced position: 2927, settlement price: 2723, yesterday settlement: 2761, down: 38, closing price: 2745, daily trading volume: 101866 hands, precipitated capital: 1.188 billion, capital outflow: 53.76 million.

Market price of caustic soda:

Spot analysis of caustic soda:      caustic soda market moves steadily today, price negative factors in some areas are obvious, market performance in most areas is stable, plant operation is stable, downstream demand maintains rigid demand procurement, and there is no obvious change in the market. Today, the trading atmosphere of liquid alkali prices is mediocre. Market prices in various regions almost maintain the previous level of operation, with only a few regional prices slightly adjusted. From the point of view of regional market price adjustment, 32% of ionic membrane alkali prices in individual areas fell by 250-300 yuan / ton, 48% ion-exchange membrane alkali prices decreased by 300-400 yuan / ton in individual areas, and the prices of other concentrations of alkali remained stable, and the price range has not been significantly adjusted. The enthusiasm of receiving goods in the lower reaches of central China is poor, the shipping situation of enterprises is not smooth, coupled with the substantial reduction in local alumina procurement prices, so today's market transaction price center of gravity is also mainly down. 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 operation of the tablet alkali market is relatively stable, enterprise shipments are general, near the weekend the regional market mentality is relatively cautious. The quotation of the manufacturer has not been adjusted, the pre-sale is normal, and the operation of the device is relatively stable. Today, the market transaction price has not been significantly adjusted, mainly horizontal finishing, the market wait-and-see mood is heavier.

Caustic soda futures analysis:    caustic soda SH2405 contract overall shock operation. Night trading prices fell after the shock, early prices fell to the intraday low after a small rise, and then again concussion operation, afternoon prices rebounded slightly. As of today's close, the SH2405 contract fluctuates from 2694 to 2752 throughout the day, with a price difference of 58 and a reduction of 2927 positions in the contract, with a position of 60125 so far.

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index fell by 1.13% to 2606.46, down 29.78%, while China's caustic soda index fell.

Prediction of the later stage of caustic soda:    

Spot: at present, the supply side of the market is relatively sufficient, the operation of the device is stable, the supply of goods is adequate, the downstream demand is still weak, most of the downstream maintain rigid demand, there is no excess hoarding demand, and the fundamentals are still weak. In terms of purchase prices, Shanxi and Henan have announced that the purchase prices of liquid alkali from January to February 2024 have been greatly reduced, which is obviously bad for the market, and has a certain negative impact on the tablet alkali market. However, the reduction of alumina purchase price has not brought obvious vitality to the market trading atmosphere, the regional market trading atmosphere is still relatively low, coupled with the approach to the weekend, the industry mentality is more cautious, more wait-and-see market. It is expected that the short-term caustic soda market or various regions will be adjusted flexibly.

Futures: caustic soda SH2405 contract showed a downward trend, falling below the middle track. Trading situation: 13.7% more than short opening 18%, empty 20% compared to 18.3%, short mood is relatively obvious. The technical level shows that the opening of the three tracks of the Bolin belt (13,13,2) narrows obviously, and the KD line and MACD line at the daily level show a dead-forked trend. From the perspective of overall commodities, the main contracts of Chinese futures were up and down at midday, but the overall decline was obvious. Lithium carbonate, coking coal, soda ash, fell by more than 4%, coke, LPG, and glass fell by more than 3%. Alumina fell by 1.67% and caustic soda fell by 0.58%. Among the many star products, the attention of caustic soda has declined. Short-term caustic soda SH2405 futures or concussion operation, a little support below.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on January 5, China's liquid chlorine spot index was 228.89, up 16.44%, or 7.74%. China's liquid chlorine index rose.