Caustic soda: The spot market trend is slightly divided, and the futures price fluctuates downward

Caustic soda futures analysis:    March 20 SH2405 contract opening price: 2723, highest price: 2730, lowest price: 2660, position: 36190, settlement price: 2699, yesterday settlement: 2716, down: 17, closing price: 2668, daily trading volume: 32162 lots, precipitated capital: 695 million, capital outflow: 4.76 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	March nineteenth	March 20th	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	950-1300	950-1300	0/0	Ex-factory price
	Northwest	800-832	784-832	-16/0	Ex-factory price
	North China	740-920	740-920	0/0	-
	Hebei	860-920	860-920	0/0	Ex-factory price
	South China	1000-1150	1000-1150	0/0	Can price
	Shandong	730-860	730-860	0/0	Current exchange rate
	Zhejiang	1030-1070	1030-1070	0/0	-
	Jiangsu Province	850-900	850-920	0/20	Delivery price
	Tianjin	2550-2630	2550-2630	0/0	A discount of 100%
	Anhui Province	880-930	880-930	0/0	Ex-factory price
	Henan	2800-2900	2800-2900	0/0	A discount of 100%
50% ionic membrane alkali	North China	1340-1410	1340-1410	0/0	Ex-factory price
	Hebei	1380-1410	1380-1410	0/0	Ex-factory price
	Shandong	1330-1400	1330-1400	0/0	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	1340-1400	1360-1450	20/50	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%

 

Spot analysis of caustic soda:      today China's caustic soda market shows a trend of large and stable small movements, the price trend has been differentiated, the market transaction situation has been maintained in the early stage, liquid alkali prices have risen sporadically, the operation of the tablet alkali market is stable, prices in most areas have not been significantly adjusted, more to maintain a wait-and-see mentality. Today, the trend of the liquid alkali market is slightly different, and prices rise and fall each other. From the point of view of price adjustment in various regional markets, 32% of ion-exchange membrane alkalis individually fell by 16 yuan / ton, individual rose by 20 yuan / ton, and 49% ion-exchange membrane alkali rose by 20-50 yuan / ton. The prices of other concentrations of alkali almost remained stable, and the price range has not been significantly adjusted. The price of liquid alkali in some regions of Northwest China is relatively high, the shipping situation of enterprises is poor, and the downstream is resistant to the supply of high-priced goods, and the situation of receiving goods is not ideal, so price reduction is mainly to promote shipments; prices in some areas are mainly up-to-date, and market transactions remain in the early stages. 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 most manufacturers more stable prices wait and see, price adjustment mentality is more cautious, individual adjustments to factory quotations. Today, the operation of the tablet alkali market is weak, the ex-factory quotation of tablet alkali has been lowered by individual manufacturers in Ningxia, the new ex-factory quotations of most manufacturers have maintained the horizontal operation of last week, the transaction prices in various regional markets have remained stable for the time being, and the center of gravity of individual transaction prices has moved slightly downwards. most operators in the market 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 concussion downward. The night market as a whole showed a slightly volatile trend, the opening price of early trading was down, and the afternoon price showed a downward trend again after a small fluctuation. As of today's close, SH2405 contracts fluctuated in the range of 2660-2730 throughout the day, with a price difference of 70 points and an increase of 488 positions in contracts, with 36190 positions so far.

 

Caustic soda index analysis: according to Tdd-global data, China's caustic soda index was 2867.65 on March 20, down 1.21%, or 0.042%. China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: the caustic soda spot market trend appears the differential operation, the liquid alkali market operation is relatively OK, the tablet alkali market trend begins to be weak. From the point of view of the liquid alkali market, on the one hand, the maintenance of some equipment on the supply side presents a regional favorable support to the market, on the other hand, there is a regional increase in demand downstream, and both the supply and demand sides have favorable support to the market, so the price of liquid alkali rises mainly, and the market mentality is relatively positive, and it is expected that the short-term liquid alkali market may still show a regional upward trend. This week, the overall operation of the tablet alkali market shows a trend of large and stable small movements, and the wait-and-see mood in the market is heavier. Most of the factory quotations of upstream production enterprises maintain the level of last week, and individual manufacturers have lowered their factory quotations, which has an impact on the local market transaction prices. the equipment maintenance of individual manufacturers has not brought obvious favorable support to the market, and the market as a whole is mainly cautious and wait-and-see, and it is expected that the short-term tablet alkali market may be stable and small. The downward shift of the center of gravity in some markets cannot be ruled out.

Futures: caustic soda SH2405 contract presents a negative column cross star, as we said earlier, the current price is in the stage of falling support and rising pressure, and the futures price failed to resist the upward pressure after four consecutive rises, resulting in a downward situation. Trading situation: 11.7% more than short opening 18%, 14.6% flat compared to 17.7% more flat, short positions are relatively obvious. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) has a narrowing trend, the KD line at the daily level shows a golden fork yesterday, today shows a dead fork trend again, and the MACD line average golden fork trend narrows obviously. In the short term, there is pressure on the upside of futures prices, or fluctuating up and down the middle track.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index rose 11.11%, or 3.28%, to 350 on March 20, while China's liquid chlorine index rose.

 

 

Caustic soda holding the list: