Caustic soda: Some prices have been increased sporadically, most of them have stabilized prices and waited on the sidelines, and futures prices have dropped significantly

Caustic soda futures analysis:    January 26th SH2405 contract opening price: 2781, highest price: 2781, lowest price: 2716, position: 49294, settlement price: 2741, yesterday settlement: 2788, down: 47, closing price: 2722, daily trading volume: 66203 lots, precipitated capital: 966 million, capital outflow: 58.58 million.

Market price of caustic soda:

Caustic soda spot analysis:      today the price trend of caustic soda in China has been adjusted sporadically in some regions, prices in most areas have not fluctuated, and the market as a whole has maintained a stable operation. The performance of the market transaction is general, and there are regional differences, and the market mentality is more cautious. Today, the liquid alkali market has moved steadily and slightly, most operators have maintained a wait-and-see mentality, the price level has been maintained in the early stage, and prices in individual regions have been adjusted. From the point of view of market price adjustment in various regions, 32% of ionic membrane alkali has individually increased by 10 yuan / ton. The prices of other concentrations of alkali have almost remained stable, and the price range has not been significantly adjusted. The enthusiasm of receiving goods downstream of individual areas is OK, the situation of enterprise shipments is OK, and the inventory pressure of production enterprises is not great, the whole is at a low level, supporting the upward shift of the local price center of gravity. 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. A small number of upstream production enterprises adjust the ex-factory price, most manufacturers wait and see to stabilize the price, and the mentality is relatively cautious. Today, various regions of the tablet alkali market maintain a stable trend, the market transaction situation is flexible, the quotation of the manufacturers is relatively stable, the pre-sale situation is normal, the operation of the tablet alkali plant is stable, and the supply side does not change much; downstream demand maintains rigid demand procurement, the market lacks obvious factors to guide the price trend, and operators wait and see the market.

Caustic soda futures analysis:    caustic soda SH2405 contract concussion downward. The opening price of the night trading is the lowest price of the day, then concussive downward, the market continues to fluctuate downwards in the morning, rose slightly at the end of the day, and fluctuated in the afternoon. As of today's close, SH2405 contracts fluctuated in the range of 2716-2781 throughout the day, with a price difference of 65%. The position in the contract was reduced by 1898 hands, and so far it has held 49294 positions.

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index was 2646.79 on January 26, up 2.73%, or 0.103%. China's caustic soda index rose.

Prediction of the later stage of caustic soda:    

Spot aspect: near the weekend, the spot market trend of caustic soda is relatively stable, and the mentality of operators is relatively cautious. In the later stage, the recent positive factors in various regions of the caustic soda market are at the end of consumption, and this rise is mainly supported by downstream demand, while at present, the downstream stock of each region will enter the final stage, and the benefits brought to the market will gradually disappear. In the later stage, most enterprises in the lower reaches of the festival or maintain rigid demand procurement, a few enterprises or stock replenishment behavior before the section, showing a good regional support to the market, the overall demand is expected to change little. Most of the devices in caustic soda enterprises operate normally, and individual devices are stored in maintenance plans, but the overall supply is still relatively sufficient, and the low inventory of enterprises in some areas still supports the market. In addition, the price of caustic soda has risen continuously in the early stage, and the downstream has the psychology of resistance to the high-priced supply, so it does not rule out that the downstream enterprises have price-lowering behavior. On the whole, it is expected that the short-term caustic soda market may be adjusted flexibly.

Futures: caustic soda SH2405 contract compared with the weekly futures price, the decline is more obvious, there is a phased low of 2716, did not fall below the 2700 mark, the overall reduction of positions down. Trading situation: more than 13% versus 17.3%, 19.1% vs. 19.1%, and more positions are closed by both bulls. Approaching the Spring Festival, the market position decreased, funds began to gradually withdraw from the market, and are not willing to bear too much changes in external factors during the holiday period. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) is upward, the KD line at the daily line level shows a dead fork trend, and the intra-day dead fork trend is obvious, and the MACD line intersects with a dead fork trend. In the short term, Fangcun has a small support under the futures price, and it is expected that the short-term caustic soda SH2405 contract may run around the middle rail.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index was 244.44 on January 26, down 0%, with a range of 0%. China's liquid chlorine index is stable.