Caustic soda: The price of liquid soda purchased by an alumina factory in Shandong has increased, and the futures price has increased significantly

Caustic soda futures analysis:    March 18 SH2405 contract opening price: 2672, highest price: 2717, lowest price: 2636, position: 37345, settlement price: 2679, yesterday settlement: 2671, up: 8, closing price: 2705, daily trading volume: 46223 lots, precipitated capital: 727 million, capital outflow: 45.9 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	March fifteenth	March eighteenth	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	950-1300	950-1300	0/0	Ex-factory price
	Northwest	800-832	800-832	0/0	Ex-factory price
	North China	710-900	710-900	0/0	-
	Hebei	840-900	840-900	0/0	Ex-factory price
	South China	1000-1150	1000-1150	0/0	Can price
	Shandong	700-830	710-830	10/0	Current exchange rate
	Zhejiang	1030-1070	1030-1070	0/0	-
	Jiangsu Province	820-880	820-880	0/0	Delivery price
	Tianjin	2550-2600	2550-2630	0/30	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	1310-1390	1310-1390	0/0	Ex-factory price
	Hebei	1360-1390	1360-1390	0/0	Ex-factory price
	Shandong	1300-1380	1300-1380	0/0	Current exchange rate
	Tianjin	2750-2800	2750-2860	0/60	A discount of 100%
	Southwest	3200-3600	3200-3600	0/0	A discount of 100%
99% tablet alkali	Northwest	2900-3100	2900-3100	0/0	Ex-factory price
	Shandong	3350-3400	3350-3400	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	1295-1380	1295-1380	0/0	Ex-factory price
30% ionic membrane alkali	Southwest	930-1020	960-1050	30/30	-
48% ionic membrane alkali	Henan	2900-2950	2900-2950	0/0	A discount of 100%

 

Caustic soda spot analysis:      Today the trend of China's caustic soda market prices rose slightly in some areas, market prices in most areas did not change significantly, market transactions maintained in the early stage, there are differences between regions. The price of liquid alkali rose slightly in some areas, the operation of the flake alkali market was relatively stable at the beginning of the week, there was no obvious adjustment in Shandong, and the new unit price in Northwest China has not yet been announced. Today, the liquid alkali market is regional upward, the trading atmosphere in some areas is OK, and most areas maintain a stable trend. From the perspective of price adjustment in various regional markets, 32% of the ionic membrane alkali rose 10-30 yuan / ton, 50% of the ionic membrane alkali increased 60 yuan / ton, 30% of the ionic membrane alkali increased 30 yuan / ton, and the prices of other concentrations of alkali almost remained stable, and the price range has not been significantly adjusted. First of all, the center of gravity of market transactions in Shandong, the main producing area, has moved slightly upward, the local caustic soda enterprises have maintenance plans, and the supply is expected to reduce, boosting local prices; the price rise in the main producing areas has a certain driving effect on prices in the surrounding areas. The market operation in most other areas is stable, the price maintains the previous level operation, the supply and demand sides do not change much, the overall shipping situation of enterprises has not improved significantly, the enthusiasm of receiving goods downstream is general, and the mentality of operators in each region is relatively cautious. Upstream production enterprises in Shandong and North China some manufacturers raised ex-factory quotations, ranging from 10 to 60 yuan / ton, most other manufacturers more stable prices wait and see, price adjustment mentality is more cautious. Today, the overall operation of the tablet alkali market is relatively stable, the operation of most devices is stable, the downstream demand changes little, the ex-factory quotations and market transaction prices in various regions have not been significantly adjusted, and the market mentality is more cautious at the beginning of the week. The transaction situation in each region is more flexible.

 

Caustic soda futures analysis:    caustic soda SH2405 contract shows a trend of falling first and then rising. Night futures fell first and rebounded slightly after reaching today's lowest point. Prices fluctuated upwards at the start of morning trading and continued to climb in the afternoon. As of today's close, SH2405 contracts fluctuated in the range of 2636-2717 throughout the day, with a price difference of 81, with a reduction of 2787 positions in the contract, and 37345 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index was 2839.74, up 4.27%, or 0.151%, and China's caustic soda index rose.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: the operation of the plant in most areas is relatively stable, and some devices have maintenance plans, which form a favorable support for the local price; from the point of view of downstream demand, there is a resumption of production in an alumina plant in Guizhou, and a large alumina plant in Henan Province has increased its load, and the downstream demand shows a regional increase. An alumina plant in Shandong plans to raise the purchase price of liquid caustic soda. After the price of the downstream alumina plant in Shandong area was lowered in early January, it has maintained stable operation for more than two months up to now. Today, the action of adjusting the purchasing price of liquid caustic soda has finally appeared again. On the whole, the positive factors in the market are gradually emerging, and it is expected that the short-term price of caustic soda may show a regional upward trend.

Futures: caustic soda SH2405 contract rose sharply, the futures price rose through the middle track, but the low point was below the lower track, and the intraday price rose significantly. Market turnover: 14.8% more than 13.7% empty, 17.9% flat and 18.3% more flat. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) is upward, the KD line at the daily level nearly intersects, and the MACD line shows a golden fork trend. Today's closing surface shows a positive column cross star, the lower shadow line is relatively long, the lower support level is obvious, but at the same time there is a pressure level above. Short-term caustic soda SH2405 contract may still have an upward trend.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on March 18, China's liquid chlorine spot index was 305.56, down 33.33, or 9.84%. China's liquid chlorine index fell.

 

 

Caustic soda holding the list: