Caustic soda: Prices have risen regionally, local downstream demand is still acceptable, and futures prices have fluctuated upwards

Caustic soda futures analysis:    March 4 SH2405 contract opening price: 2666, highest price: 2712, lowest price: 2658, position: 44282, settlement price: 2683, yesterday settlement: 2667, up: 16, closing price: 2695, daily trading volume: 49243 lots, precipitated capital: 859 million, capital outflow: 11.64 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	March 1st	March fourth	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	950-1300	950-1300	0/0	Ex-factory price
	Northwest	768-784	768-784	0/0	Ex-factory price
	North China	710-810	710-810	0/0	-
	Hebei	750-800	750-810	0/10	Ex-factory price
	South China	980-1130	980-1130	0/0	Can price
	Shandong	700-780	710-790	10/10	Current exchange rate
	Zhejiang	1005-1030	1005-1030	0/0	-
	Jiangsu Province	820-880	820-880	0/0	Delivery price
	Tianjin	2300-2400	2300-2400	0/0	A discount of 100%
	Anhui Province	830-880	830-880	0/0	Ex-factory price
	Henan	2400-2650	2450-2700	50/50	A discount of 100%
50% ionic membrane alkali	North China	1220-1320	1220-1320	0/0	Ex-factory price
	Hebei	1300-1320	1300-1320	0/0	Ex-factory price
	Shandong	1210-1300	1200-1290	-10/-10	Current exchange rate
	Tianjin	2600-2670	2600-2670	0/0	A discount of 100%
	Southwest	3200-3400	3200-3400	0/0	A discount of 100%
99% tablet alkali	Northwest	2900-3000	2900-3000	0/0	Ex-factory price
	Shandong	3250-3350	3300-3400	0/0	Ex-factory price
45% ionic membrane alkali	Northeast China	1680-1750	1680-1750	0/0	Ex-factory price
49% ionic membrane alkali	Jiangsu Province	1230-1380	1230-1380	0/0	Ex-factory price
30% ionic membrane alkali	Southwest	930-990	930-990	0/0	-
48% ionic membrane alkali	Henan	2700-2800	2700-2800	0/0	A discount of 100%

 

Caustic soda spot analysis:      today, there are differences in the trend of China's caustic soda market, liquid caustic soda prices rise and fall each other, market supply and demand have regional differences, flake caustic soda prices move up mainly in Shandong, the market transaction atmosphere is OK. Today, transaction prices in some areas of the liquid alkali market have risen, while prices in some areas have dropped slightly. From the point of view of price adjustment in various regions, 32% of ion-exchange membrane bases have individually increased by 10-50 yuan per ton, while 50% of ion-exchange membrane bases have fallen 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. First of all, the downstream demand in some areas gradually recovered, and the manufacturers raised the ex-factory quotation, which led to the upward movement of transaction prices in the local market. In some areas, high concentration saw the general situation of price shipments, and prices were lowered again. In addition, the performance of receiving goods in the lower reaches of central China is OK, the situation of enterprise shipments is OK, and the price is mainly rising. In most other areas, the supply and demand sides of the market do not change much, maintain the previous level of operation, the enterprise shipping situation does not change much, the downstream receiving enthusiasm is general, the mentality of operators in each region is relatively cautious, and the price level is mostly maintained in the early stage. Most of the upstream manufacturers wait and see to stabilize the price, and a few adjust the ex-factory quotation. At the beginning of the week in today's tablet alkali market, the ex-factory quotation of tablet alkali in Shandong has been raised, and the price center of transaction in the local market has also moved up. The new unit price in the northwest region has not been announced yet, and the operators are mainly waiting for the market.

 

Caustic soda futures analysis:    caustic soda SH2405 contract as a whole has risen. Night trading price concussion operation, in the morning opening late price concussion upward, to the intraday high 2712 after concussion downward, afternoon prices rebounded slightly. As of today's close, SH2405 contracts fluctuated in the range of 2658-2712 throughout the day, with a price difference of 54. 05 contracts reduced their positions by 1122 hands, and have held 44282 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index rose to 2702.99 on March 4, up 5.8%, or 0.215%. China's caustic soda index rose.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: at present, the spot market of caustic soda shows differential operation, there are differences between supply and demand in different regions, there is a maintenance plan in the later stage of the equipment in some areas, which can boost the local price or storage, and the operation of the equipment in most areas is stable. The supply side presents regional favorable support. Downstream demand is in the stage of regional recovery, the enthusiasm of receiving goods downstream in some areas is improved, and the demand in other areas is expected to improve in the later stage. As a whole, the short-term price of caustic soda may continue to show differential operation.

Futures: caustic soda SH2405 contract slightly fluctuated upward, the high point of the futures price is close to the upper track position, the market transaction situation: more than 16.4% versus short opening 16.5%, empty 16.1% vs. 17.4%. The technical level shows that the opening of the third rail of the Bolin belt (13, 13, 2) shows a narrow width, the KD line of the daily line changes into a golden fork trend, and the MACD line also shows a golden fork trend. in the short term, there is still pressure above the futures price, so pay attention to the upper rail pressure level.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on March 4, China's liquid chlorine spot index was 205.56, up 66.67, or 48%. China's liquid chlorine index rose.

 

 

Caustic soda holding the list: