Caustic soda: Most spot prices have increased, and futures prices have hit a phased high. Both markets are currently operating well

Caustic soda futures analysis:    March 19th SH2405 contract opening price: 2710, highest price: 2730, lowest price: 2702, position: 35702, settlement price: 2716, yesterday settlement: 2679, up: 37, closing price: 2723, daily trading volume: 32836 lots, precipitated capital: 700 million, capital outflow: 27.37 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	March eighteenth	March nineteenth	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	740-920	30/20	-
	Hebei	840-900	860-920	20/20	Ex-factory price
	South China	1000-1150	1000-1150	0/0	Can price
	Shandong	710-830	730-860	20/30	Current exchange rate
	Zhejiang	1030-1070	1030-1070	0/0	-
	Jiangsu Province	820-880	850-900	30/20	Delivery price
	Tianjin	2550-2630	2550-2630	0/0	A discount of 100%
	Anhui Province	830-880	880-930	50/50	Ex-factory price
	Henan	2800-2900	2800-2900	0/0	A discount of 100%
50% ionic membrane alkali	North China	1310-1390	1340-1410	30/20	Ex-factory price
	Hebei	1360-1390	1380-1410	20/20	Ex-factory price
	Shandong	1300-1380	1330-1400	30/20	Current exchange rate
	Tianjin	2750-2860	2750-2860	0/0	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	1340-1400	45/20	Ex-factory price
30% ionic membrane alkali	Southwest	960-1050	960-1050	0/0	-
48% ionic membrane alkali	Henan	2900-2950	2900-2950	0/0	A discount of 100%

 

Caustic soda spot analysis:      today China's caustic soda market as a whole shows an upward trend, liquid alkali prices are up in most regions, market transactions are more flexible, the operation of the market is relatively stable, operators' mentality is relatively cautious, and most wait-and-see markets are dominant. Today, the price of liquid alkali has increased slightly in most areas, mostly in the range of 20-50 yuan / ton, and the market trading atmosphere is OK. From the point of view of the price adjustment in various regions, 32% of the ionic membrane alkali has increased by 20-50 yuan / ton, 50% of the ionic membrane alkali has increased by 20-30 yuan / ton, and 49% of the ion-exchange membrane alkali has increased by 20-45 yuan / ton. the prices of other concentrations of alkali have almost remained stable, and the price range has not been significantly adjusted. First of all, yesterday, an alumina factory in the main downstream of Shandong raised the purchase price of liquid caustic soda, coupled with the recent reduction of inventory pressure of caustic soda enterprises in Shandong, so most of the prices rose today, and the shipments of enterprises in some areas were OK. In addition, driven by the price increase in Shandong, the barycenter of local market transaction price has also moved up. The operation of local equipment in some areas is relatively stable, and the transaction situation is maintained in the early stage, but the enthusiasm of receiving goods downstream is OK, which increases the operators' confidence in quotation. The operation of the market in other areas is stable, the price maintains the previous level of 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 various regions is relatively cautious. Upstream production enterprises in East China, Shandong and North China, some manufacturers raised factory quotations, ranging from 10 to 50 yuan / ton, manufacturers in other areas more stable prices wait and see, price adjustment mentality is more cautious. Today, the operation of the tablet alkali market still maintains a stable trend, the price center of gravity in each region has not changed significantly, the market turnover has not changed much, and most of them maintain the previous level. The operation of the equipment of the upstream production enterprises is stable, some manufacturers in the northwest region have announced that the new unit price is stable, some manufacturers have not announced the new unit price for the time being, the downstream demand remains stable, the operators are cautious to wait and see the market, and the mentality of price adjustment is more cautious.

 

Caustic soda futures analysis:    caustic soda SH2405 contract overall shock operation. The price of the night market slightly jumped high and then fluctuated downwards, then rebounded slightly, and the overall market in the morning fluctuated first, followed by an upward trend, and prices fluctuated downwards in the afternoon. As of today's close, SH2405 contracts fluctuated in the range of 2702-2730 throughout the day, with a price difference of 28 points and a reduction of 1643 positions in contracts, with 35702 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index was 2868.86 on March 19, up 29.12%, or 1.025%. China's caustic soda index rose.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: at present, the operation of the equipment of most production enterprises in various regions is relatively stable, and only a few devices are under maintenance, but they will be restored this week. At the same time, some individual devices in Shandong have maintenance plans this week, and the overall performance of the supply side is stable and small. It has a regional impact on the market. There is a recovery plan in the later stage of downstream demand, most areas maintain rigid demand procurement, rigid demand still supports the market, and downstream demand in most areas does not change much. From the point of view of market mentality, traders in various regions are mainly active in shipping, while most operators in the liquid alkali market have relatively increased their mentality, while those in the tablet alkali market are mainly waiting to see the market. On the whole, it is expected that the short-term market price of caustic soda may continue to show a regional upward trend.

Futures: caustic soda SH2405 contract after the night open high to maintain the overall concussion trend, the market is mainly reduced, the futures price is running between the middle and upper tracks, as of today, the futures price has achieved four consecutive rising trends. Market turnover: 16% more than empty 13.4%, empty 14% compared with 18.8%. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) is upward, and the KD line and MACD line of the daily line all show a golden fork trend. Today's close shows the positive column cross star, overall look at the futures price in the rising pressure, downward support situation, short-term caustic soda SH2405 contract focus on the performance of the upper track, focus on the upper rail pressure level.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on March 19, China's liquid chlorine spot index was 338.89, up 33.33%, or 10.91%. China's liquid chlorine index rose.

 

 

Caustic soda holding the list: