Caustic soda: Spot prices continue to rise, downstream demand improves regionally, and futures prices break through the 2800 mark

Caustic soda futures analysis:    January 19 SH2405 contract opening price: 2781, highest price: 2803, lowest price: 2762, position: 55946, settlement price: 2778, yesterday settlement: 2751, up: 27, closing price: 2769, daily trading volume: 65335 lots, precipitated capital: 1.115 billion, capital outflow: 52.23 million.

Market price of caustic soda:

Caustic soda spot analysis:      today China's caustic soda market continues to rise, prices have risen continuously this week, the market operation has shown a regional improvement, the mentality of operators is relatively positive, the price of liquid caustic soda has risen regionally, and the operation of the tablet alkali market is relatively stable. Today, the price of liquid alkali continues to show an upward trend, the local market is running well, and the price center of gravity continues to rise. Judging from the price adjustment in various regions, 32% of the ionic membrane alkali rose 10-50 yuan / ton, 50% of the ionic membrane alkali rose 10-150 yuan / ton, 49% of the ionic membrane alkali rose 30 yuan / ton, and the prices of other concentrations of alkali almost remained stable, and the price range has not been significantly adjusted. The price in Shandong area, supported by both supply and demand, continues to rise, and it also has a certain pulling effect on the surrounding local areas. the downstream receiving enthusiasm of some areas is good, the enterprise shipping situation is better, and the price center of gravity of the local market transaction is mainly moved up. 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. Some of the upstream production enterprises raised the ex-factory price, most manufacturers wait and see to stabilize the price, and the mentality is relatively cautious. Today, the tablet alkali market is in stable operation, and the market transaction situation is relatively flexible. The operation of tablet alkali devices in most enterprises is relatively stable, the pre-sale of manufacturers is normal, and the supply of goods on the market is relatively stable; downstream demand maintains a steady operation. The performance of supply and demand in the market is relatively mild, and operators are mainly waiting for the market. Individual areas are affected by the upward quotation of manufacturers, and the market transaction price has also changed.

Caustic soda futures analysis:    caustic soda SH2405 contract rose first and then fluctuated downwards. After the night futures rose to the intraday high, they fluctuated downwards, continued to fluctuate slightly in the morning, fluctuated upward in the afternoon, and fell slightly in late trading. As of today's close, SH2405 contracts fluctuated in the range of 2762-2803 throughout the day, with a price difference of 41 and a reduction of 2346 positions in the contract, with 55946 positions so far.

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index rose to 2602.95 on January 19, up 9.66%, or 0.372%. China's caustic soda index rose.

Prediction of the later stage of caustic soda:    

Spot: first of all, on the supply side, there is a load reduction in some parts of the liquid alkali market and a regional reduction in supply, but the overall supply in the liquid alkali market is still relatively sufficient; individual enterprise devices in the tablet alkali market are overhauled, and the supply of goods shows a trend of phased reduction, and most other devices operate stably and normally. From the demand side, the current approach to the Spring Festival holiday, downstream demand is currently showing a regional improvement, downstream demand in most areas to maintain rigid demand, but later or stock enthusiasm will be improved. In addition, the current profit situation of chlor-alkali enterprises is still poor, caustic soda enterprises have a heavy price mentality, and it is expected that the price of caustic soda will still rise regionally in the short term.

Futures: caustic soda SH2405 contract hit a new high in stages, the futures price broke through the 2800 mark, the futures price rose continuously during the week, and the market ran better. Market turnover: 17% more than empty 13.8%, empty 14.9% versus 22.8%. The technical level shows that the three tracks of the Bolin belt (13, 13, 2) continue to narrow; the KD line at the daily line level shows a golden fork trend, the MACD line dead fork trend continues to narrow, and the two lines have a crossing trend. At present, the futures price is close to the upper track position, and the third rail of the Bollinger belt is obviously narrowed, so we should pay attention to the upper track pressure level in the short term.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, on January 19, China's liquid chlorine spot index was 300, up 0%, 0%, China's liquid chlorine index is stable.