Caustic soda: Spot prices fell regionally, and futures prices also fell significantly

Caustic soda futures analysis:    January 8 SH2405 contract opening price: 2752, the highest price: 2774, the lowest price: 2680, the spread: 94, the position: 59763, the reduction: 362, the settlement price: 2731, yesterday's settlement: 2723, up: 8, the closing price: 2692, the daily trading volume: 123797 hands, the precipitated capital: 1.158 billion, the capital outflow: 29.96 million.

Market price of caustic soda:

Caustic soda spot analysis:      caustic soda market shows a downward trend today, the market atmosphere is light at the beginning of the week, the price center of gravity of market transactions in some areas shows different degrees of downward shift, the overall mentality is poor; most devices start stable, downstream demand is weak, leading to the market downside. Today, the price of liquid alkali fell regionally, both low concentration alkali and high concentration alkali fell, mainly concentrated in North China, and the market operation in other regions was relatively stable, and the price almost maintained the previous level. from the regional market price adjustment, the price of 32% ion-exchange membrane alkali fell by 10-20 yuan / ton in some areas, the price of 50% ion-exchange membrane alkali decreased by 20-70 yuan / ton, and the prices of other concentrations remained stable. There is no significant adjustment in the price range. The purchasing situation of downstream demand in some areas is poor, and the shipping pressure of chlor-alkali enterprises increases, so the shipping price is lowered to promote shipment. last Friday, some manufacturers announced a reduction in liquid alkali prices, and local prices fell at the beginning of this week. The market transaction situation in most areas is slightly general, the plant starts normally, the downstream demand maintains the rigid demand mainly, the price mostly maintains the previous level operation, the market wait-and-see mood is heavy, the transaction price center of gravity has not changed obviously for the time being. Upstream production enterprises in Shandong, North China, most manufacturers lower factory quotations, manufacturers in other areas wait and see price stability, the state of mind is relatively cautious. Today, the price of tablet alkali showed a regional negative decline, the factory price of tablet alkali in Shandong area was lowered by 50 yuan / ton at the beginning of the week, and the quotation of most manufacturers in the northwest region has not been announced, and the operation of the equipment of the manufacturers is stable. The performance of the market trading atmosphere is average, the wait-and-see mood of the market is heavier at the beginning of the week, the shipments of enterprises in some areas are poor, the center of gravity of local market transactions has slightly shifted down, and the markets in most other areas have temporarily maintained weak and stable operation.

Caustic soda futures analysis:    caustic soda SH2405 contract shows a downward trend. The night market first fell and then rose, and then began to decline after a slight rise in early trading, rebounded slightly at the end of the day, and the afternoon price fluctuated. As of today's close, SH2405 contracts fluctuated in the range of 2680-2774 throughout the day, with a price difference of 94 and a reduction of 362 positions in contracts, with 59763 positions so far.

Caustic soda index analysis: according to Tdd-global data, China's caustic soda index was 2581.68 on January 8, down 24.78, or 0.951%, while China's caustic soda index fell.

Prediction of the later stage of caustic soda:    

Spot aspect: at present, most of the devices in caustic soda enterprises are stable, only a few devices are in the maintenance period, and the later maintenance devices account for only a few, or support the local price, but the supply side of the market in most areas is bad for the local price. The overall change in the downstream demand side is small, the demand side maintains a weak operation, and the purchasing enthusiasm of enterprises is poor in the demand off-season, resulting in increased shipping pressure of caustic soda enterprises, and the start-up of the main downstream alumina is difficult to improve significantly in a short period of time. The demand side also shows a negative impact. In addition, from the perspective of market mentality, the current profit situation of chlor-alkali enterprises is poor, caustic soda prices are frequently down, and the PVC market, another major product of the chlor-alkali industry chain, is also poor, and manufacturers have a pro-price mentality in the case of poor corporate profits. On the whole, it is expected that the short-term caustic soda market may still show a regional downward trend.

Futures: caustic soda SH2405 contract downward relatively obvious, especially during the daytime. Trading situation: more than 15.3% vs. 17.9%, 18.3% vs. 19.7%, short sentiment is relatively obvious. The technical level shows that the opening of the three tracks of the Bollinger belt (13, 13, 2) continues to narrow, and the KD line and MACD line at the daily level show a dead-forked trend. The futures price fluctuates between the middle and lower tracks, and the low price reaches a phased low of 2680, which has not yet fallen below the lower rail support level, paying attention to the lower rail support level in the short term.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on January 8, China's liquid chlorine spot index was 256.78, up 27.89%, or 12.18%. China's liquid chlorine index rose.

Caustic soda holding the list: