Caustic soda: Spot prices have increased regionally, shipments from some companies have improved, and futures prices have continued to rise

Caustic soda futures analysis:    January 16 SH2405 contract opening price: 2702, highest price: 2741, lowest price: 2702, position: 58514, settlement price: 2727, yesterday settlement: 2705, up: 22, closing price: 2732, daily trading volume: 62017 lots, precipitated capital: 1.151 billion, capital outflow: 2.04 million.

Market price of caustic soda:

Caustic soda spot analysis:      today, the trend of China's caustic soda market is slightly differentiated, the price shows a rising and falling trend, the mentality of operators in different regions is different, and the overall market trading atmosphere is general. Today, the liquid alkali market shows differential operation, the price center of gravity of local market transactions has mainly moved up, while prices in some areas have still fallen. From the point of view of price adjustment in various regions, 32% ionic membrane alkali rose 10 yuan / ton individually, 50% ionic membrane alkali locally increased 10-20 yuan / ton, and the prices of other concentrations of alkali almost remained stable, and the price range has not been significantly adjusted. First of all, the procurement of goods in the surrounding areas of the main producing area of Shandong has increased, the shipments of high concentration alkali in Shandong have increased, and the performance of enterprise shipments has been OK, supporting the rise in transaction prices in the local market, and there has been a rise in some surrounding areas; caustic soda plants in some areas have been understarted recently, and enterprise shipments have improved, and market prices have also risen mainly. In addition, individual areas are affected by poor downstream demand, enterprise shipments are not ideal, so lower shipping prices to promote shipments. In other areas, both supply and demand parties maintain the previous level, the performance of enterprise shipments is average, the downstream receiving situation remains stable, and there are no factors guiding the market price trend in various regions. Operators mainly wait and see the market, and prices mostly maintain the previous level. Upstream production enterprises partly raise ex-factory prices, while most other manufacturers wait and see to stabilize prices, showing a relatively cautious mentality. Today, the transaction situation in the tablet alkali market is relatively flexible, the ex-factory quotations in Shandong remain stable, the new unit prices of most manufacturers in the northwest region have not yet been announced, and the pre-sale situation of manufacturers is normal. Local market transaction price center of gravity has moved up, operators have a pull mentality. The start-up of most units is stable, the downstream demand remains weak and stable, the transaction prices in most markets have not changed significantly, and the market wait-and-see mentality is heavy.

Caustic soda futures analysis:    caustic soda SH2405 contract shows an upward trend. The opening price of the night trading is up, and the final shock runs, and the opening price is the lowest price of the day; the early trading continues to fluctuate, the afternoon price goes down, and rebounds slightly again in the late afternoon. As of today's close, SH2405 contracts fluctuated in the range of 2702-2741 throughout the day, with a price difference of 391.05 contracts with an increase of 965 positions and 58514 positions so far.

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index was 2575.55 on January 16, up 6.77%, or 0.263%. China's caustic soda index rose.

Prediction of the later stage of caustic soda:    

Spot aspect: recently, there has been an improvement in regional shipments on the market, and prices in some areas have risen slightly. According to the current market situation, the operation of most caustic soda enterprises on the supply side is stable and normal, the supply of caustic soda in the market is sufficient, which is bad for the price, and the start-up of enterprise equipment in some areas is insufficient, which slightly supports the local price. Downstream demand shows regional differences, local downstream demand has improved, procurement enthusiasm has increased, and most downstream demand has maintained the previous level of operation, but it should be noted that near the Spring Festival holiday, the enthusiasm of stock preparation in the lower reaches of each region or as a whole has been improved compared with the previous period, there is a certain support for the price of caustic soda, and the price may rise slightly in the region.

Futures: the futures price of caustic soda SH2405 contract has shown a continuous upward trend since last Thursday, and the highest point of today's futures price is approaching the middle track. from the perspective of disk turnover, the price of caustic soda contract is 17.8% higher than 14.3% empty and 15.6% higher than 18.8% higher. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) is downward; the KD line at the daily level shows a golden fork trend, and the MACD line shows a dead fork trend, but the dead fork trend narrows. At present, the futures price is close to the mid-track position, but there is pressure above, so we will continue to pay attention to the mid-rail pressure level in the short term.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index rose 44.44% to 261.11 on January 16, an increase of 20.51%. China's liquid chlorine index rose.

Caustic soda holding the list: