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Caustic soda: Spot prices have been increased regionally, and futures prices have fluctuated upwards

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March 8, 2024, 5:06 PM


Caustic soda futures analysis:    March 8 SH2405 contract opening price: 2728, highest price: 2745, lowest price: 2716, position: 41202, settlement price: 2732, yesterday settlement: 2721, up: 11, closing price: 2741, daily trading volume: 36086 lots, precipitated capital: 813 million, capital inflow: 19.14 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)

Specifications

Market

March seventh

March 8th

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

700-800

-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

2300-2500

0/100

A discount of 100%

Anhui Province

830-880

830-880

0/0

Ex-factory price

Henan

2800-2900

2800-2900

0/0

A discount of 100%

50% ionic membrane alkali

North China

1240-1340

1270-1340

30/0

Ex-factory price

Hebei

1320-1340

1320-1340

0/0

Ex-factory price

Shandong

1240-1320

1270-1380

30/60

Current exchange rate

Tianjin

2600-2670

2600-2800

0/130

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

1250-1380

1250-1380

0/0

Ex-factory price

30% ionic membrane alkali

Southwest

930-990

930-990

0/0

-

48% ionic membrane alkali

Henan

2900-2950

2900-2950

0/0

A discount of 100%

 

Spot analysis of caustic soda:      today China's caustic soda market is mainly regional adjustment, the market operation in most areas is stable, the price center of gravity of high concentration caustic soda market in some areas is mainly up, the price of low concentration caustic soda in some areas is mainly falling, and the performance of flake caustic soda market is relatively stable. Today, the trend of liquid alkali is slightly different, the price range of high concentration alkali has moved up in some areas, the price of low concentration alkali in some areas has dropped slightly, and the market in most areas has maintained the previous level of operation, and the price has not changed significantly. From the point of view of price adjustment in various regional markets, 32% of ion-exchange membrane bases rose 100 yuan / ton individually, fell 10 yuan / ton individually, and 50% ion-exchange membrane alkali rose 30-130 yuan / ton. The prices of other concentrations of alkali remained almost stable, and there was no significant adjustment in the price range. The price of the high concentration alkali market has been continuously reduced in the early stage, but recently, the load of the plant has been reduced, the inventory pressure of enterprises has decreased, and the price has risen again. 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. Today, the operation of the tablet alkali market is relatively stable, the price center of gravity of ex-factory quotations and market transactions in various regions are mainly stable, the operation of most devices is stable, the transaction situation in the market is general, the enterprise shipment situation is maintained in the early stage, and the downstream demand does not change much. the overall purchasing enthusiasm is not high, the market wait-and-see mood is heavy as a whole, and the operators mainly wait and see the market.

 

Caustic soda futures analysis:    caustic soda SH2405 contract shows a concussive upward trend. Prices fluctuated at night and then rose and fell slightly at the end of the day. Early trading price concussion downward after the lower abdomen rebound, the afternoon slightly upward. As of today's close, SH2405 contracts fluctuated in the range of 2716-2745 throughout the day, with a price difference of 29 points and an increase of 659 positions in contracts, with 41202 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index was 2753.69 on March 8, up 8.45%, or 0.308%. China's caustic soda index rose.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: at present, the operation of the spot market varies from region to region, and the operation of most devices is relatively stable. Enterprises in some areas will begin to have maintenance plans next week, and the supply of goods may be reduced regionally. There is a good support for local prices, and the supply side in other areas may maintain a stable situation. The regional recovery of downstream demand changes may continue, which supports prices in some areas, while the downstream procurement demand or operation in most other areas is relatively stable. On the whole, the market operation may show a regional upward trend, and pay attention to the changes in supply and demand.

Futures: caustic soda SH2405 contract continues to show an upward trend, the futures price in the upper track winding operation, the disk transaction situation: more than 17.5% vs. 14.9%, empty 14.2% vs. more than 16.6%, long entry is obvious. The technical level shows that the opening of the three rails of the Bolin belt (13,13,2) diverges, the opening of the middle and upper rails is upward, the opening of the lower rails is downward, and the daily KD line and MACD line show a golden fork trend, and the golden fork trend expands. The support below the futures price is more obvious, in the short term, the caustic soda SH2405 contract price still has upward space, pay attention to the trend of the upper track position.

 

Market price of liquid chlorine:

Summary of market price (unit: yuan / ton)

Area

March seventh

March 8th

Rise and fall

Remarks

Northeast China

400-500

300-400

-100/-100

Tank car quotation

Shandong province

300-400

200-300

-100/-100

Tank car quotation

Zhejiang Province

500-600

500-600

0/0

Tank car quotation

East China region

100-200

-50-200

-50/0

Tank car quotation

Southwest China

400-600

400-600

0/0

Tank car quotation

Central China

300-350

300-350

0/0

Tank car quotation

Inner Mongolia

1-100

1-100

0/0

Tank car quotation

Anhui province

100-200

100-200

0/0

Tank car quotation

Hebei Province

300-500

300-400

0/-100

Tank car quotation

 

Liquid chlorine index analysis:    according to Tuduoduo data, on March 8, China's liquid chlorine spot index was 294.44, down 33.33, or 10.17%. China's liquid chlorine index fell.

 

 

Caustic soda holding the list: