Caustic soda: Spot prices are stable, market is dominated by wait-and-see, and futures prices are volatile

Caustic soda futures analysis:    February 23 SH2405 contract opening price: 2695, highest price: 2716, lowest price: 2690, position: 45467, settlement price: 2703, yesterday settlement: 2696, up: 7, closing price: 2704, daily trading volume: 31262 lots, precipitated capital: 885 million, capital outflow: 10.62 million.

Market price of caustic soda:

Caustic soda spot analysis:      today China's caustic soda market moves steadily, the market transaction atmosphere is general, prices in individual areas rise sporadically, and the wait-and-see mood in most areas increases. Near the weekend, operators are more cautious in price adjustment. Today, liquid alkali prices are operating steadily as a whole, and transaction prices in various regions have not changed obviously. the price center of low concentration alkali in some regions has moved slightly upward. from the point of view of price adjustment in various regions, 32% of ionic membrane alkali has individually increased by 10 yuan per ton. the prices of other concentrations of alkali have almost remained stable, and the price range has not been significantly adjusted. The supply and demand sides of each region do not change much, maintain the previous level of operation, the enterprise shipping situation does not change much, the downstream receiving enthusiasm is general, but the overall recovery compared with the previous period, individual areas are boosted by this transaction price center slightly moved up. Near the weekend, the mindset of operators in various regions is relatively cautious, and the price level is mostly maintained in the early stage. A small number of upstream production enterprises adjust, and most manufacturers wait and see to stabilize prices. Today, the wait-and-see mood in the tablet alkali market has also increased, the transaction prices in most areas have not changed significantly, the low-end transaction prices in some areas have moved up, and the supply of goods at low prices on the market has decreased. The pre-sale situation of the manufacturers is OK, the operation of most of the devices is relatively stable, the downstream demand does not change much, the market transaction is relatively stable, and the market mentality is cautious near the weekend.

Caustic soda futures analysis:    caustic soda SH2405 contract shows a shock trend, the night market price jump high open uplink, the final shock operation, the morning market trend is similar to the night market, afternoon price shock upward. As of today's close, SH2405 contracts fluctuated in the range of 2690-2716 throughout the day, with a price difference of 26 minus 05 contracts to reduce their positions by 785 hands and 45467 positions so far.

Caustic soda index analysis: according to Tdd-global data, China's caustic soda index was 2741.09 on February 23, up 0%, and China's caustic soda index was stable.

Prediction of the later stage of caustic soda:    

Spot aspect: near the weekend, the spot market of caustic soda is stable, and the mindset of operators in various regions is more cautious. At present, the operation of caustic soda units in most areas is relatively stable, the performance of the supply side is relatively sufficient, and in the later stage, some areas have maintenance plans, coupled with the dissatisfaction of part of the equipment load, there is a certain support to the local price. Downstream demand is recovering, and as the weather improves and transportation resumes, the flow speed of goods supply will increase. From the perspective of corporate profits, the current profit situation of chlor-alkali enterprises is still poor, and Changjia Village has the psychology of standing up, coupled with the rise in high concentration alkali prices in various regions this week, there is a rising mood in other regional markets, and it is expected that short-term caustic soda prices may continue to show a regional upward trend.

Futures: caustic soda SH2405 contract shock operation, the all-day price trend did not see a big market. Market turnover: 15.3% more than empty 13%, 15.7% more flat than 18.9%. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) continues to narrow, the KD line at the daily level shows a golden fork trend and expands, and the two lines of MACD line intersect. At present, there is pressure above the futures price and support below, and it is in a dilemma. In the short term, the futures price may continue to run around the middle rail and pay attention to the upper rail pressure level.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index was 77.89 on February 23, up 0%, with a range of 0%. China's liquid chlorine index is stable.

Caustic soda holding the list: