Caustic soda: Spot prices are individually flexibly adjusted, and futures prices operate in shock

Caustic soda futures analysis:    April 2 SH2405 contract opening price: 2480, highest price: 2483, lowest price: 2433, position: 47303, settlement price: 2456, yesterday settlement: 2434, down: 22, closing price: 2442, daily trading volume: 48575 lots, precipitated capital: 832 million, capital inflow: 11.16 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	April 1st	April 2nd	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	950-1300	950-1300	0/0	Ex-factory price
	Northwest	736-768	736-768	0/0	Ex-factory price
	North China	740-890	740-870	0/-20	-
	Hebei	780-870	780-870	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	2650-2670	2650-2670	0/0	A discount of 100%
	Anhui Province	900-960	900-960	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	2800-2900	2800-2900	0/0	A discount of 100%
	Southwest	3500-3700	3500-3700	0/0	A discount of 100%
99% tablet alkali	Northwest	2850-2950	2850-2950	0/0	Ex-factory price
	Shandong	3200-3250	3200-3250	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	1400-1450	1400-1450	0/0	Ex-factory price
30% ionic membrane alkali	Southwest	990-1080	990-1080	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 moves steadily, the spot transaction price center of gravity is stable in most areas, transaction prices in some areas are sporadically reduced, and the mentality of operators is relatively cautious. The overall transaction situation of each regional market is general, there is no obvious change on both sides of supply and demand, and the market wait-and-see mentality is heavier. Today, the price of liquid alkali has been flexibly lowered in some regions, and there has been no obvious adjustment in most areas. from the perspective of market price adjustment in various regions, 32% of ionic membrane alkali has individually dropped by 20 yuan per ton, while the prices of other concentrations of alkali have remained almost stable, and the price range has not been significantly adjusted. In some areas, the early maintenance equipment restored the increase of local supply, while the overall performance of downstream demand was poor, and the enterprise shipping situation was not ideal, so the shipping price was reduced to promote shipping, and the price center of gravity in the local market shifted downwards. In most other regions, the market is relatively stable, the price maintains the previous level of operation, the supply and demand sides do not change much, the overall enterprise shipment situation has not significantly improved, the downstream demand maintains a lukewarm rhythm, and the attitude of the industry 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 operation of the tablet alkali market has not seen obvious fluctuations, most manufacturers in the northwest region have not yet made a new price, most devices operate stably, a few devices are overhauled, the downstream demand remains lukewarm, and the transaction performance is mediocre. This week, the new order price has not been announced yet, and the market mentality of each region is more cautious, mainly waiting to see the market.

 

 

Caustic soda futures analysis:    caustic soda SH2405 contract slightly fluctuate downwards. Night trading price concussion operation, after the opening of the morning market, that is, a slight decline, and then shock operation, the late session again a small decline, the afternoon price rebounded slightly but late vomiting. As of today's close, SH2405 contracts fluctuated in the range of 2433-2483 throughout the day, with a spread of 50 points and an increase of 47303 positions in contracts, with 47303 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, on April 2, China's caustic soda index was 2829.88, down 0.83, or 0.029%, while China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: since April, the devices of the storage and maintenance plan have begun to enter the maintenance period, and some of them still have maintenance plans in the later stage, which has a certain supporting effect on the price of caustic soda in some areas, while the overall performance of downstream demand is relatively stable. the overall maintenance of lukewarm rigid demand procurement rhythm, the demand side changes little, but the downstream mentality is relatively cautious recently, there is resistance to the high price of caustic soda supply. The enthusiasm of receiving goods downstream is relatively limited, and the early maintenance equipment in individual areas is unfavorable to the local price, while the areas with maintenance equipment in the later stage have the psychology of keeping up the price. In addition, the price of liquid alkali purchased by alumina enterprises in Guangxi has dropped slightly by 50 yuan / ton, which is bad for the price of local caustic soda. It is expected that the price may continue to show a trend of regional change in the later period.

Futures: caustic soda SH2405 contract rebounded slightly yesterday, night prices fluctuated, but prices at the beginning of early trading showed a concussive downward trend again. At present, the futures price recovered some of the decline, and the futures price returned to the top of the lower track, with small support below and a small increase in positions on the disk. Mandarin index shock operation, caustic soda prices yesterday followed a slight rebound in commodities did not show obvious maintenance. Today's trading situation: 13.6% more than 19% empty, 17.2% empty and 14% more flat. The technical level shows that the opening of the third rail of the Bolin belt (13,13,2) continues to diverge, the opening of the upper rail turns, the opening of the middle and lower rails are downward, and the KD lines and MACD lines at the daily level show a dead-fork trend, but the KD lines tend to narrow and tend to intersect. Overall, the support below the short-term caustic soda SH2405 contract price is more obvious, and the futures price may continue to rebound slightly.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on April 2, China's liquid chlorine spot index was 407.78, up 24.44, or 6.38%. China's liquid chlorine index rose.