Caustic soda: In March, the price of liquid soda purchased by downstream alumina companies increased significantly, and the futures price showed a "V" trend

Caustic soda futures analysis:    March 6th SH2405 contract opening price: 2709, highest price: 2715, lowest price: 2647, position: 41681, settlement price: 2690, yesterday settlement: 2715, down: 25, closing price: 2709, daily trading volume: 50637 lots, precipitated capital: 813 million, capital outflow: 28.03 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	March fifth	March sixth	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	950-1300	950-1300	0/0	Ex-factory price
	Northwest	768-816	768-816	0/0	Ex-factory price
	North China	710-810	710-810	0/0	-
	Hebei	750-810	750-810	0/0	Ex-factory price
	South China	980-1130	980-1130	0/0	Can price
	Shandong	710-790	710-790	0/0	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	2500-2700	2800-2900	300/200	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	1200-1290	1200-1290	0/0	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	2900-3100	2900-3100	0/0	Ex-factory price
	Shandong	3300-3400	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	1250-1380	20/0	Ex-factory price
30% ionic membrane alkali	Southwest	930-990	930-990	0/0	-
48% ionic membrane alkali	Henan	2800-2900	2900-2950	100/50	A discount of 100%

 

Spot analysis of caustic soda:      Today, prices in some areas of China's caustic soda market have risen, the market in most regions has maintained a stable trend, the price has not changed obviously, the performance of market transactions is general, the inquiry enthusiasm of the overall market operators is not high, and the market mentality is relatively cautious. Today, the overall operation of the liquid alkali market is stable and small, the market in some regions is good to support, the price is mainly rising, the market in most regions lacks guiding factors, and the price remains stable. from the price adjustment of each regional market, 32% ion-exchange membrane alkali rose 200-300 yuan / ton, 48% ion-exchange membrane alkali increased 50-100 yuan / ton, 49% ion-exchange membrane alkali increased 20 yuan / ton, and the price of other concentration alkali almost remained stable. There is no significant adjustment in the price range. The price of liquid alkali purchased by alumina enterprises in the lower reaches of Henan Province increased by 300 yuan / ton in March compared with the previous month, supporting the rise in local market prices, while the price of liquid alkali purchased by alumina enterprises in the lower reaches of Shanxi Province increased by 300 yuan / ton in March. The start-up of downstream enterprise installations in some areas has increased, which has boosted local market prices. 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. Upstream production enterprises in central China mostly raise factory quotations, while most manufacturers in other areas wait and see to stabilize prices. Today, the transaction situation in the tablet alkali market is relatively flexible, the transaction prices in various regional markets are relatively stable, the quotations of upstream production enterprises are relatively strong, most of the devices are stable, the supply side is relatively stable, and there is little change in downstream demand. The mentality of the operators in the market is relatively cautious.

 

Caustic soda futures analysis:    caustic soda SH2405 contract showed a "V" trend, night prices fluctuated, dived after a slight rise in early trading, then continued to decline, bottomed out after the intraday low 2647 rebounded, and afternoon prices fluctuated upwards. As of today's close, SH2405 contracts fluctuated in the range of 2647-2715 throughout the day, with a price difference of 68jie 05 contract reduced positions by 1485 hands, so far position 41681 hands.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index rose to 2737.44 on March 6, up 23.82%, or 0.878%. China's caustic soda index rose.

 

 

Prediction of the later stage of caustic soda:    

Spot: it is early March, some areas downstream alumina enterprises purchase liquid alkali order prices announced, a sharp rise in some areas, individual areas have not yet been announced. At present, most of the devices on the market operate stably, individual devices have maintenance plans, and there are start-up plans for 600000 tons of production capacity in some areas in March, there is a trend of regional increase in the supply side in the later period, and the supply of goods shows regional differences. the local area of downstream demand is still in the process of recovery, supporting local prices. It is expected that the short-term spot price of caustic soda may continue to show a steady trend of operation.

Futures: caustic soda SH2405 contract shows the trend of falling first and then rising. By the end of the afternoon, the disk shows a cross star, the lower shadow line is obviously longer, the lower support is more obvious, the upper pressure is weak, the futures price runs through the middle and lower orbit, and the high point is close to the upper orbit. Market turnover: 14.9% more than empty 16.1%, 16.9% more than 19.4%. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) narrows, the daily KD line and MACD line show a golden fork trend, and the golden fork trend expands. In the short term, the SH2405 contract price of caustic soda still has an upward trend, high or above the track.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index rose 5.56%, or 1.72%, to 327.78 on March 6. China's liquid chlorine index rose.

 

 

Caustic soda holding the list: