Caustic soda: The spot market rose slightly, and the futures price fluctuated downward

Caustic soda futures analysis:    March 22nd SH2405 contract opening price: 2698, highest price: 2716, lowest price: 2660, position: 36317, settlement price: 2686, yesterday settlement: 2677, up: 9, closing price: 2668, daily trading volume: 38089 lots, precipitated capital: 698 million, capital inflow: 12.18 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	March 21	March 22nd	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	950-1300	950-1300	0/0	Ex-factory price
	Northwest	784-832	784-832	0/0	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	760-860	30/0	Current exchange rate
	Zhejiang	1030-1070	1030-1070	0/0	-
	Jiangsu Province	850-920	880-950	30/30	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	1360-1450	1360-1450	0/0	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 shows a stable trend, the price trend is slightly different, liquid caustic soda prices in a few areas of the market transaction price center of gravity has moved up, sheet alkali prices in some areas, the price center of gravity has declined, and the market in most regions has maintained a stable trend. Today, prices in the liquid alkali market have risen in a few areas, and the operation in most areas is stable. Judging from the price adjustment in various regions, 32% of the ionic membrane alkali has individually increased by 30 yuan per ton, while the prices of other concentrations of alkali have remained almost stable, and the price range has not been significantly adjusted. The price of liquid alkali purchased by downstream alumina plants has been raised again from 30 yuan / ton to 760 yuan / ton. at the same time, individual local caustic soda plants have begun to reduce the load, which has a supporting effect on the price of liquid alkali in Shandong area and a certain driving effect on the surrounding local areas. The operation of the market in most other regions 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 most manufacturers more stable prices wait and see, price adjustment mentality is more cautious, individual adjustments to factory quotations. Today, the tablet alkali market is weak and stable, the market transaction price center of gravity in some areas has moved down, and the market operation in most areas is relatively stable. The operation of the equipment of the upstream production enterprises is mostly stable, and the quotation of the manufacturers has not changed obviously. Downstream demand remains lukewarm, the procurement rhythm has not improved, and the market turnover is mediocre.

 

Caustic soda futures analysis:    caustic soda SH2405 contract concussion mainly, night trading price up slightly after concussion, early trading late price concussion downward, afternoon prices showed a small rebound, but down again in late afternoon trading. As of today's close, SH2405 contracts fluctuated in the range of 2660-2716 throughout the day, with a price gap of 56 and a position of 1031 hands, with a position of 36317 hands so far.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index rose 1.98%, or 0.069%, to 2872.89 on March 22, while China's caustic soda index rose.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: the spot caustic soda market shows differential operation, the liquid alkali market has favorable support, the price rises mainly, while the trend of the flake alkali market is relatively weak, and the barycenter of transaction price moves down. First of all, from the point of view of the liquid alkali market, the equipment storage and maintenance plans in some areas in the later stage, at present, individual devices have already shown load reduction, and in the later stage, the supply side presents regional support to the market, while some areas have devices to produce high concentration of caustic soda, which is bad for local prices; downstream demand does not change much for the time being. The operation of the tablet alkali market is relatively stable, the quotation mentality of manufacturers is cautious, and the shipping prices of traders are lowered regionally, mainly to promote shipments. in the later stage, it is expected that the operators are willing to adjust prices in general, and the market may remain stable.

Futures: caustic soda SH2405 contract continues to show a volatile downward trend, trading situation: more than 13.4% vs. 18.6%, 15.1% vs. 15.2%, short positions are relatively obvious. The technical level shows that the opening trend of the three tracks of the Bolin belt (13, 13, 2) is downward, the KD line at the daily level shows a dead fork, and the golden fork trend of the MACD line narrows obviously and almost intersects. The pressure above the futures price is still large, and the upward price of the futures price is blocked. In the short term, the futures price may continue to fluctuate near the middle track and pay attention to the upper track pressure level.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on March 22, China's liquid chlorine spot index was 383.33, up 38.89, or 11.29%. China's liquid chlorine index rose.

 

 

Caustic soda holding the list: