Caustic soda: Spot prices rose partially, while futures prices fluctuated downward

Caustic soda futures analysis:    March 11 SH2405 contract opening price: 2746, highest price: 2752, lowest price: 2672, position: 39726, settlement price: 2709, yesterday settlement: 2732, down: 23, closing price: 2680, daily trading volume: 48004 lots, precipitated capital: 767 million, capital outflow: 46.58 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	March 8th	March eleventh	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	770-840	20/30	Ex-factory price
	South China	980-1130	1000-1150	20/20	Can price
	Shandong	700-800	700-820	0/20	Current exchange rate
	Zhejiang	1005-1030	1005-1030	0/0	-
	Jiangsu Province	820-880	820-880	0/0	Delivery price
	Tianjin	2300-2500	2300-2500	0/0	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	1270-1340	1270-1340	0/0	Ex-factory price
	Hebei	1320-1340	1320-1340	0/0	Ex-factory price
	Shandong	1270-1380	1270-1380	0/0	Current exchange rate
	Tianjin	2600-2800	2600-2800	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	3350-3400	50/0	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 shows a trend of regional adjustment, the transaction price of some parts of the liquid caustic soda market has moved up, the price quotation of Shandong area has been raised at the beginning of the week, the operation of most markets is relatively stable, the price center of gravity has not changed obviously, and the market mentality is cautious. Today, the price of liquid alkali has been raised in a few areas, and the market in most regions has shown a stable trend, and the mentality of price adjustment is relatively cautious. From the perspective of price adjustment in various regions, 32% of ionic membrane alkali has risen by 20-30 yuan per ton, and the prices of other concentrations of alkali have almost remained stable, and the price range has not been significantly adjusted. There are maintenance plans for caustic soda plants in individual areas, which support the price of local liquid caustic soda, mainly by several small adjustments; the inventory pressure of caustic soda enterprises in Shandong area is reduced, in addition, the local equipment is under maintenance, and there are still maintenance plans in the later stage, which can boost the price of the local market. 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 production enterprises wait and see to stabilize the price, and a few manufacturers raise the ex-factory quotation mainly. Today, market prices in most areas of the tablet alkali market are operating steadily, and the ex-factory quotation in Shandong has been slightly raised by 50 yuan / ton, driving the local market transaction price center of gravity to move up slightly. The market operation in most other regions is relatively stable, and most manufacturers in Northwest China have not announced new unit prices. The operation of most of the factory devices is stable, and the downstream demand also does not change much.

 

Caustic soda futures analysis:    caustic soda SH2405 contract concussion downward. The price fluctuated downwards at the beginning of the night session, until it rebounded slightly at the end of the day in the morning, but the rebound was not strong enough, and the price fell again at the end of the afternoon. As of today's close, SH2405 contracts fluctuated in the range of 2672-2752 throughout the day, with a price difference of 80 minus 05 contracts reducing 1476 positions and so far holding 39726 positions.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index rose to 2761.27 on March 11, up 7.58%, or 0.275%. China's caustic soda index rose.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: recently, the caustic soda market as a whole shows a shock operation, some areas flexibly adjust prices according to the local market and enterprises' own conditions, and the spot market prices in most areas are still supported by rigid demand procurement. At the beginning of the week, traders were relatively cautious in their quotation mentality, and most markets were generally enthusiastic about inquiry. At present, the performance of the supply side in various regions is relatively stable, and there are maintenance plans in some areas, which can boost the local market, while the supply side in other areas has little change; the overall downstream demand has little change, almost maintaining the previous level of operation. On the whole, the spot market of caustic soda or the overall regional adjustment is the main, and there is favorable support on the supply side in some areas.

Futures: caustic soda SH2405 contract as a whole shows a concussive downward trend. After the futures price reached a new stage high of 2752, the decline was more obvious, and the futures price fell through the middle track from above the upper track. Market turnover: 13.3% more than empty 17%, 17.5% more flat than 19.4%. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) is downward, the KD lines at the daily line level intersect, and the MACD lines show a golden fork trend, but the golden fork trend narrows. At present, caustic soda basically faces the lack of disk guidance, and the disk shows a downward trend of reducing positions. There is support below the futures price, there is pressure at the top, closing shows the trend of a negative column cross, as a whole, look at the short-term caustic soda SH2405 contract or shock operation.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on March 11, China's liquid chlorine spot index was 255.56, down 38.89, or 13.21%. China's liquid chlorine index fell.

 

 

Caustic soda holding the list: