Caustic soda: The price of high-concentration alkali has fallen, the shipping pressure of enterprises has increased, and the fluctuation of futures prices has intensified

Caustic soda futures analysis:    February 27th SH2405 contract opening price: 2668, highest price: 2681, lowest price: 2659, position: 56569, settlement price: 2671, yesterday settlement: 2671, down: 0, closing price: 2678, daily trading volume: 25175 lots, precipitated capital: 898 million, capital inflow: 9.21 million.

Market price of caustic soda:

Spot analysis of caustic soda:      today, the price of caustic soda in China continues to show differential operation, the performance of market transactions is general, the price of liquid caustic soda varies, the market mentality is different, the operation of the market is relatively stable, and there is no obvious fluctuation in regional market prices. Today, the price of liquid alkali rises and falls, there is a certain difference between supply and demand in the market, and the price adjustment direction is different. the price of low concentration alkali increases slightly in some areas, while the price of high concentration alkali continues to decline. From the perspective of regional market price adjustment, 32% ion-exchange membrane alkali rose 10 yuan / ton, 50% ion-exchange membrane alkali mostly fell 90-100 yuan / ton, 49% ion-exchange membrane alkali fell 70 yuan / ton, and the price of other concentration alkali almost remained stable. There is no significant adjustment in the price range. First of all, the price of high concentration alkali continued to decline, mainly due to the recent increase in inventory pressure, poor enthusiasm for downstream delivery, poor overall transaction situation, and obvious negative factors; downstream demand in individual areas of low concentration alkali improved, and enterprise shipments were smoother than in the previous period, mainly due to the rise in transaction prices in the local market. Supply and demand in other areas do not change much, maintain the previous level of operation, enterprise shipments do not change much, downstream pick-up enthusiasm is general, the mentality of operators in each region is relatively cautious, and the price level is mostly maintained in the early stage. A small number of upstream manufacturers adjust the ex-factory quotation, and the price adjustment direction is different, and the manufacturers in other areas wait and see to stabilize the price. Today, the operation of the tablet alkali market is stable and small, and the center of gravity of transaction prices in each regional market has not changed significantly. The new order price in Northwest China has not been announced by most manufacturers, the pre-sale of enterprises is normal, and the operation of most of the devices is stable. Downstream procurement demand has not changed much for the time being, and the market transaction situation is relatively flexible.

Caustic soda futures analysis:    caustic soda SH2405 contract volatility intensified. The night trading price fluctuated sharply, the morning price fluctuated first, then dived, rebounded slightly to the intraday low, and fluctuated late in the day; the afternoon price showed an overall upward trend, which was more obvious in the late afternoon. As of today's close, SH2405 contracts fluctuated in the range of 2659-2681 throughout the day, with a price gap of 22 and a position increase of 357 hands. So far, 46569 positions have been held.

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index fell by 1.385% to 2681.68, down 37.67%, while China's caustic soda index fell.

Prediction of the later stage of caustic soda:    

Spot: on the supply side, the start-up of equipment in upstream production enterprises is relatively stable, the load of most enterprise devices is normal, and only individual devices have maintenance plans. at present, with the recovery of transportation, caustic soda enterprises gradually go to the warehouse. However, at present, the market of low concentration alkali is relatively stable, and after the price of high concentration alkali has risen in the previous period, the shipping pressure of enterprises is relatively large at present, and the price is mainly falling. From the point of view of downstream demand, there is little change in the start-up of alumina enterprises at present, but the willingness of alumina downstream aluminum plants to enter the market to receive goods is lower than expected, which also has a certain impact on the shipping situation of alumina enterprises, and the current price of alumina is falling, and the market performance is weak. as a whole, it has little effect on the caustic soda market. in addition, a flash explosion accident occurred in the power supply workshop of a large aluminum plant in Inner Mongolia, which affected the output of electrolytic aluminum and the demand of alumina. Furthermore, the demand for caustic soda also showed a regional decrease. On the whole, the spot market of caustic soda may continue to show differential operation, the price of liquid alkali market will be adjusted flexibly, and the price of tablet alkali may continue to rise as a whole.

Futures: caustic soda SH2405 contract fluctuates violently, and the current futures price revolves around the middle track. Market turnover: 15.1% more than empty 13.6%, 16.3% more flat than 14.6%. 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 but shrinks, and the MACD line intersects and winds up. At present, the futures price is under upward pressure and downward support, and the short-term caustic soda SH2405 contract may continue to shock operation.

Market price of liquid chlorine:

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index rose 5.56%, or 4.35%, to 133.33 on February 27th. China's liquid chlorine index rose.

Caustic soda holding the list: