Caustic soda: Spot prices are operating stably, and futures prices are reduced and downward

Caustic soda futures analysis:    April 11 SH2405 contract opening price: 2456, highest price: 2459, lowest price: 2382, position: 44434, settlement price: 2419, yesterday settlement: 2420, down: 1, closing price: 2389, daily trading volume: 66965 lots, precipitated capital: 510 million, capital outflow: 22.75 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	April 10th	April eleventh	Rise and fall	Remarks
32% ionic membrane alkali	Northeast China	950-1300	950-1300	0/0	Ex-factory price
	Northwest	704-736	704-736	0/0	Ex-factory price
	North China	720-810	720-810	0/0	-
	Hebei	740-810	740-810	0/0	Ex-factory price
	South China	940-1050	940-1050	0/0	Can price
	Shandong	720-790	720-790	0/0	Current exchange rate
	Zhejiang	1030-1070	1030-1070	0/0	-
	Jiangsu Province	780-880	780-880	0/0	Delivery price
	Tianjin	2420-2450	2420-2450	0/0	A discount of 100%
	Anhui Province	880-910	880-910	0/0	Ex-factory price
	Henan	2700-2800	2700-2800	0/0	A discount of 100%
50% ionic membrane alkali	North China	1250-1380	1250-1380	0/0	Ex-factory price
	Hebei	1320-1380	1320-1380	0/0	Ex-factory price
	Shandong	1250-1350	1250-1350	0/0	Current exchange rate
	Tianjin	2790-2800	2790-2800	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	3100-3150	3100-3150	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	1320-1380	1320-1380	0/0	Ex-factory price
30% ionic membrane alkali	Southwest	990-1080	990-1080	0/0	-
48% ionic membrane alkali	Henan	2800-2900	2800-2900	0/0	A discount of 100%

 

Caustic soda spot analysis:      today China's caustic soda market as a whole shows a stable trend of operation, individual regional market transaction price center of gravity moves downward, most regional markets maintain a stable situation, prices have not changed significantly. The market transaction atmosphere is relatively weak, the shipping situation of some enterprises is general, the downstream receiving situation is poor, and the mentality of operators is more cautious. Today, the price of liquid alkali has been sporadically lowered in some areas, and most areas have maintained yesterday's level of operation. From the point of view of market price adjustment in various regions, the prices of various concentrations of alkali, such as 32% ionic membrane alkali and 50% ionic membrane alkali, have remained almost stable, and the price range has not been significantly adjusted. The market transaction situation in some areas is not ideal, and enterprises mainly reduce the shipping price in order to promote shipping. The enthusiasm of receiving goods downstream of the local market is poor, but the price has not been adjusted yet, the mentality is relatively cautious. 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. A small number of upstream production enterprises lowered their ex-factory quotations, while other manufacturers wait and see to stabilize prices. Today, there is no obvious fluctuation in the tablet alkali market, and the market performance is more cautious after the manufacturers' quotations are downgraded. Today, the center of gravity of market transactions in most areas has not been adjusted, the market turnover is relatively light, and the situation of enterprise shipments has not changed much. The market as a whole has a strong wait-and-see atmosphere.

 

 

Caustic soda futures analysis:    caustic soda SH2405 contract concussion downward, night trading after the price concussion down, and then a small rebound; my home concussion operation in the morning, afternoon prices appear continuous diving market, the disk operation is weak. As of today's close, SH2405 contracts fluctuated in the range of 2382-2459 throughout the day, with a price difference of 77 and a reduction of 773 positions, with 44434 positions so far.

 

Caustic soda index analysis: according to Tdd-global data, on April 11, China's caustic soda index was 2724.51, down 0%, and China's caustic soda index was stable.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: at present, the operation of the spot market of caustic soda is relatively stable, there are no obvious guiding factors in the operation of the regional market, and the mentality of the operators is more cautious, mainly waiting and seeing the market. Comparatively speaking, although there is a situation of equipment maintenance in individual areas of the market, it is also supporting the stable operation of local prices as a whole, which is not enough to support the upside of the market, whether it is the liquid alkali market or the sheet alkali market, the price is expected to continue to operate under pressure.

Futures: caustic soda SH2405 contract closed with a negative column, and the futures price is still weak. Today's trading situation: more than 15.1% versus 18.4%, 15.5% versus 18.7%. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) narrows, the KD line of the daily line shows the trend of golden fork, and the MACD line shows the trend of dead fork. At present, there is a small support under the futures price, but the whole is not obvious, short-term caustic soda SH2405 contract or continue to test the low range, upward or there is still some pressure.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index fell by 50 to 444.44 on April 11, while China's liquid chlorine index fell.