Caustic soda: The spot market maintained its previous level, and futures price fluctuations intensified

Caustic soda futures analysis:    January 15 SH2405 contract opening price: 2716, highest price: 2726, lowest price: 2688, position: 59181, settlement price: 2705, yesterday settlement: 2701, up: 4, closing price: 2706, daily trading volume: 63939 lots, precipitated capital: 1.153 billion, capital inflow: 17.54 million.

Market price of caustic soda:

Caustic soda spot analysis:      most areas of China's caustic soda market today maintain a stable trend, the market transaction atmosphere is general, the market mentality at the beginning of the week is relatively cautious, there are individual concentration of alkali prices slightly adjusted, but the overall market change is not obvious, the mentality of market operators at the beginning of the week is more cautious, prices do not see obvious fluctuations. Today, the trend of the liquid alkali market is large and stable, prices in some regions have been slightly adjusted, and there is no obvious change in the price range in most areas. from the perspective of price adjustment in various regions, the prices of 32% ionic membrane alkali, 50% ionic membrane alkali and other concentrations of alkali have almost remained stable, and the price range has not been significantly adjusted. The supply of high concentration alkali in some areas is relatively tight, the merchants have raised the shipping quotation, the prices of low concentration alkali and high concentration alkali in most areas have not changed significantly, and the supply and demand sides in each region have maintained the previous level. the performance of enterprise shipments is general, the downstream delivery situation remains calm and stable, there are no factors guiding the market price trend in various regions, the operators mainly wait and see the market, and the prices mostly maintain the previous level of operation. Most of the upstream production enterprises wait and see to stabilize the price, the mentality is relatively cautious, and the prices of individual manufacturers are slightly adjusted. Today, the operation of the tablet alkali market is also stable, the prices of the production enterprises in Shandong area remained stable at the beginning of the week, the new unit prices in the northwest region were not announced, the production situation of enterprises remained stable, the supply of goods was OK, and the downstream demand maintained rigid demand for procurement. there is no obvious hoarding behavior, and prices in various regions are mainly arranged sideways at the beginning of the week.

Caustic soda futures analysis:    caustic soda SH2405 contracts rise and fall sharply. Prices fell at the start of the night trading and fluctuated upwards after today's lowest level. The market fluctuated widely in the morning, and the price went down all the way in the afternoon. As of today's close, SH2405 contracts fluctuated in the range of 2688-2726 throughout the day, with a price difference of 38 points and an increase of 965 positions, with 59181 positions so far.

Caustic soda index analysis: according to Tdd-global data, on January 15, China's caustic soda index was 2568.78, down 0%, and China's caustic soda index was stable.

Prediction of the later stage of caustic soda:    

Spot aspect: at the beginning of the week, the market trend is stable, the mentality of operators is more cautious, mainly to wait and see the market. From the point of view of both supply and demand, the market in each region does not change much, the equipment of production enterprises is normal and stable, the supply on the market is relatively sufficient, and the supply side fails to bring obvious favorable support to the market; downstream demand as a whole maintains the rhythm of rigid demand procurement and low replenishment, approaching the Spring Festival holiday, individual areas begin to stock before the festival, but at present it is unable to bring support to the market, in the later stage, we should pay attention to the situation of stock in the lower reaches of each region. According to the profit situation of chlor-alkali enterprises, with the decline of caustic soda and PVC prices of the two major products of chlor-alkali enterprises, the profit situation of chlor-alkali enterprises is poor, and manufacturers have the psychology of raising prices. It is expected that the short-term caustic soda market or regional flexible adjustment.

Futures: caustic soda SH2405 contract today a small increase in positions, the overall wide fluctuations, the futures price between the middle and lower rails close to the middle rail position. Market turnover: 14.9% more than 17.5% empty, 15.7% empty and 18.5% more flat. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) is downward, and the KD line and MACD line at the daily level show a dead-fork trend, but the KD lines intersect. There is some support below the futures price, and the short-term caustic soda SH2405 contract focuses on the mid-rail pressure level.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on January 15, China's liquid chlorine spot index was 216.67, up 11.11%, or 5.41%. China's liquid chlorine index rose.

Caustic soda holding the list: