Caustic soda: Spot low-concentration alkali prices have been lowered regionally, and futures prices have risen first and then fallen

Caustic soda futures analysis:    April 3 SH2405 contract opening price: 2435, highest price: 2476, lowest price: 2433, position: 44362, settlement price: 2452, yesterday settlement: 2456, down: 4, closing price: 2449, daily trading volume: 46326 lots, precipitated capital: 782 million, capital outflow: 49.47 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	April 2nd	April 3rd	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	740-870	740-830	0/-40	-
	Hebei	780-870	770-870	-10/0	Ex-factory price
	South China	1000-1150	940-1050	-60/-100	Can price
	Shandong	760-860	740-820	-20/-40	Current exchange rate
	Zhejiang	1030-1070	1030-1070	0/0	-
	Jiangsu Province	890-950	890-950	0/0	Delivery price
	Tianjin	2650-2670	2520-2650	-130/-20	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	2800-2900	2800-2900	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 shows a regional downward trend, the price center of gravity of market transactions in some areas has shifted downward, approaching the Ching Ming Festival holiday, the mentality of operators is more cautious, the market turnover is slightly general. Today, the price of liquid alkali has fallen in some areas, mainly concentrated in low concentration alkali, while the price of high concentration alkali is relatively stable. Judging from the price adjustment in various regions, 32% of ionic membrane alkali has dropped by 10-130 yuan per ton, while the price of other concentration alkali has remained almost stable, and the price range has not been significantly adjusted. First of all, the purchase price of liquid alkali of alumina enterprises in the lower reaches of Shandong area is reduced, which is a drag on the price of local liquid alkali, and the price of the surrounding market is also reduced. There is no obvious change in the high concentration alkali market, and the performance of both supply and demand is relatively stable. 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 in Shandong and North China lowered their ex-factory quotations, while manufacturers in other regions wait and see to stabilize prices. Today, prices in some parts of the tablet alkali market have fallen, while the prices of new orders in the northwest region have mainly fallen. Most of the market transaction prices have fallen, the attitude of the operators is cautious, and the enthusiasm for entering the market is relatively limited. Downstream demand performance is lukewarm, there is no obvious change, the transaction situation is slightly general, today the price center of gravity in some areas has moved down, other areas wait and see the market mainly.

 

 

Caustic soda futures analysis:    caustic soda SH2405 contract night trading price concussion operation, in the morning late trading appeared obvious upward, afternoon prices all the way down. As of today's close, SH2405 contracts fluctuated in the range of 2433-2476 throughout the day, with a price difference of 43. 55. the contract reduced its position by 2941 hands, and so far it has held 44362 positions.

 

Caustic soda index analysis: according to Tdd-global data, on April 3, China's caustic soda index was 2798.17, down 19.48%, or 0.691%. China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: the purchase price of liquid alkali by alumina enterprises in the lower reaches of Shandong area has been lowered again, which is obviously bad for the local liquid alkali market. At present, as the Ching Ming Festival holiday is approaching, the enthusiasm of operators to enter the market has been relatively reduced, and they are mainly waiting to see the market. Recently, the supply of caustic soda in Shandong has increased, and most other areas have remained relatively stable, with maintenance plans in some areas in the later period, but near the Ching Ming Festival holiday, the wait-and-see mentality of operators has increased and has not yet formed obvious support to the market; downstream demand performance is lukewarm, it is expected that the caustic soda market may be stable in the short term, and prices may fall in some areas.

 

Futures: caustic soda SH2405 contract as a whole showed a rising and then falling trend, after the market upward pressure is greater, once again all the way down in the afternoon. Today's trading situation: 12.8% more than empty 16%, 19.2% flat compared to 16.1% more, long and short positions are more, participants are not willing to bear too much changes in the outer market during the holiday period. The technical level shows that the openings of the three tracks of the Bolin belt (13,13,2) are all downward, and the KD lines and MACD lines at the daily level show a dead-forked trend, and the KD lines almost intersect. On the whole, the upward momentum of futures prices is insufficient, the upward pressure is greater, and we should pay attention to the support level of the lower track in the short term.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on April 3, China's liquid chlorine spot index was 396.67, down 11.11%, or 2.72%. China's liquid chlorine index fell.