Caustic soda: Spot prices have been adjusted sporadically, and futures prices have hit a nearly four-month low

Caustic soda futures analysis:    March 25th SH2405 contract opening price: 2678, highest price: 2688, lowest price: 2564, position: 43739, settlement price: 2614, yesterday settlement: 2686, down: 72, closing price: 2570, daily trading volume: 74235 lots, precipitated capital: 809 million, capital inflow: 112 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	March 22nd	March twenty _ fifth	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	950-1300	950-1300	0/0	Ex-factory price
	Northwest	784-832	784-800	0/-32	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	760-860	760-860	0/0	Current exchange rate
	Zhejiang	1030-1070	1030-1070	0/0	-
	Jiangsu Province	880-950	890-950	10/0	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 downward is more obvious. Night trading price shock operation, after the opening of morning trading, the market fell sharply, followed by a concussion trend, and there was a small downward trend again in the afternoon. As of today's close, SH2405 contracts fluctuated in the range of 2564-2688 throughout the day, with a spread of 124 and a position increase of 7422 hands, with a current position of 43739 hands.

 

Caustic soda index analysis: according to Tuduoduo data, on March 25, China's caustic soda index was 2864.03, down 8.86, or 0.309%. China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: at present, the spot market of caustic soda is stable and small, the price in a few areas is flexible, and the market in most areas is stable, mainly in wait-and-see market. First of all, on the supply side, there are devices in the liquid alkali market under maintenance, and some devices have maintenance plans in the later stage, which may boost local prices, individual enterprises plan to put high concentration alkali units into production, showing bad performance, and most other devices operate stably. The supply side shows regional differences; most of the sheet alkali devices do not change much and support the market is limited. Downstream demand mostly maintain lukewarm operation, there is no obvious hoarding demand, rigid demand still has support to the market. From the perspective of market mentality, at present, whether it is the liquid alkali market or the tablet alkali market, most operators are more cautious, mainly wait and see the market, and expect some areas of the short-term caustic soda spot market or flexible price adjustment.

Futures: caustic soda SH2405 contract fell sharply down 124 points, the low price fell below the track, a low of nearly four months since December 11, 2564, intraday price decline is more obvious. Market turnover: 15.2% more than short opening 22.3%, empty 15.3% compared with Duoping 15.4%, short opening 22.3% is more obvious. The technical level shows that the opening of the three tracks of the Bolin belt (13,13,2) diverges, the opening of the upper rail is upward, the opening of the middle and lower rail is downward, and the KD line and MACD line of the daily line show a dead-forked trend. In the short term, futures prices continue to pay attention to the trend between the middle and lower tracks.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on March 25, China's liquid chlorine spot index was 385.56, up 2.22%, or 0.58%. China's liquid chlorine index rose.

 

 

Caustic soda holding the list: