Caustic soda: Spot prices have been adjusted sporadically, and futures prices have continued to decline

Caustic soda futures analysis:    March 26th SH2405 contract opening price: 2570, highest price: 2597, lowest price: 2542, position: 44954, settlement price: 2570, yesterday settlement: 2614, down: 44, closing price: 2556, daily trading volume: 50111 lots, precipitated capital: 827 million, capital inflow: 17.95 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	March twenty _ fifth	March 26th	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	950-1300	950-1300	0/0	Ex-factory price
	Northwest	784-800	784-800	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	760-860	760-860	0/0	Current exchange rate
	Zhejiang	1030-1070	1030-1070	0/0	-
	Jiangsu Province	890-950	890-950	0/0	Delivery price
	Tianjin	2550-2630	2550-2630	0/0	A discount of 100%
	Anhui Province	880-930	900-960	20/30	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	1400-1450	40/0	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, the price of Chinese caustic soda market is mainly adjusted sporadically, the market operation in most regions is stable, the price of liquid caustic soda is sporadically raised, the price center of transaction of flake caustic soda moves downwards in some areas, most operators maintain a wait-and-see mentality, and the market has a strong wait-and-see atmosphere. Today, the overall price of liquid alkali shows a trend of large and stable small movements, the center of gravity of market transactions in some regions has moved slightly upward, the market operation in most regions is stable, and operators have maintained a wait-and-see mentality. From the point of view of price adjustment in various regions, 32% of ionic membrane alkali rose 20-30 yuan / ton, 49% ionic membrane alkali rose 40 yuan / ton, and the prices of other concentrations of alkali almost remained stable, and the price range has not been significantly adjusted. Today, the price of liquid alkali in East China shows an upward trend, there is a maintenance plan in the later stage of the plant in some areas in East China, and the supply side is expected to reduce, which can boost the local price. In addition, the inventory pressure in individual regions is not great, so the price shows an upward trend. 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, a few adjust ex-factory quotations. Today, the tablet alkali market shows a regional downward trend, some areas of the market trading atmosphere is not good, the market transaction price center of gravity moved down mainly to promote market transactions. The operation of most of the devices upstream is stable, the manufacturer has not announced the new order price, and the market mentality in some areas is cautious.

 

Caustic soda futures analysis:    caustic soda SH2405 contract concussion downward. Night trading price volatility operation, after the opening of morning trading slightly up to the intraday high after concussion, afternoon prices fell significantly, and rebounded slightly in late trading. As of today's close, SH2405 contracts fluctuated in the range of 2542-2597 throughout the day, with a price gap of 55 and a position increase of 1215 hands, with a position of 44954 hands so far.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index was 2867.55 on March 26, up 3.52%, or 0.123%. China's caustic soda index rose.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: at present, the spot market maintains the trend of large and stable movement, and some areas flexibly adjust prices according to the local market and enterprises' own conditions. At present, on the supply side, the operation of most devices is stable, and a few areas have maintenance plans, which can boost local prices. Other areas may continue to maintain the previous level of operation, and under the expectation of maintenance, some merchants have a relatively positive mentality in selling goods; the overall change in the downstream demand side is small, and most of them maintain a lukewarm situation. On the whole, the spot price of caustic soda rose mainly in some areas, and the market in most regions maintained a stable trend.

Futures: caustic soda SH2405 contract in the next rail concussion operation, futures prices hit a record low of 2542 since December 8, 2023. Market turnover: 11.7% more than short opening 19.4%, empty 17.8% versus more than 12.4%, short is still more obvious. The technical level shows that the three-track opening of the Bolin belt (13,13,2) continues to diverge, the upper rail opening is upward, the middle and lower rail opening is downward, the daily KD line and MACD line show a dead fork trend, and the dead fork trend is obvious. At present, the pressure above the futures price is still large, and short-term futures may still have the risk of continuing to decline.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on March 26, China's liquid chlorine spot index was 383.33, down 2.22, or 0.58%. China's liquid chlorine index fell.

 

 

Caustic soda holding the list: