Caustic soda: Spot prices have been flexibly lowered in a few regions, and futures prices have increased

Caustic soda futures analysis:    April 15 SH2405 contract opening price: 2398, highest price: 2453, lowest price: 2392, position: 40344, settlement price: 2422, yesterday settlement: 2396, up: 26, closing price: 2420, daily trading volume: 65569 lots, precipitated capital: 469 million, capital outflow: 25.51 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	April 12th	April fifteenth	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	720-780	0/-30	-
	Hebei	740-810	740-780	0/-30	Ex-factory price
	South China	940-1050	940-1050	0/0	Can price
	Shandong	720-790	700-790	-20/0	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	1280-1380	-40/0	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 shows a regional downward trend, the market transaction atmosphere is general and shows regional differences, most regional markets hold a wait-and-see mentality, price adjustment sentiment is not high, a few areas transaction price center of gravity moved down mainly. Today, the operation of the liquid alkali market is partially weak, and the price level in most areas maintains the previous level. judging from the price adjustment in various regions, 32% of the ionic membrane alkali in a few areas dropped by 20-30 yuan / ton, and 49% of the ionic membrane alkali dropped by 40 yuan / ton. the prices of other concentrations of alkali have almost remained stable, and the price range has not been significantly adjusted. First of all, last Saturday, the downstream alumina plant in Shandong lowered the purchase price of liquid alkali, the quotations of some chlor-alkali enterprises were lowered, and the market transaction price fell mainly, which affected the price in the surrounding areas. 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, the performance of the tablet alkali market is relatively stable at the beginning of the week, the ex-factory quotation in Shandong area remains stable, and the new unit price in the northwest region has not yet released a new price. Individual sheet caustic soda units have been overhauled, the supply of flake caustic soda on the market is mainly reduced, and the market transaction situation is more flexible. The business people at the beginning of the week have a strong wait-and-see mentality, and the price adjustment mentality is more cautious.

 

 

Caustic soda futures analysis:    caustic soda SH2405 contract uplink after falling shock. The night trading price rose obviously, but the power was insufficient, falling back after the intraday high of 2453, and then fluctuated throughout the day. As of today's close, SH2405 contracts fluctuated in the range of 2392-2453 throughout the day, with a price difference of 61 and a reduction of 2658 positions in the contract, with 40344 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, on April 15, China's caustic soda index was 2698.6, down 13.67%, or 0.504%. China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: at present, the caustic soda market, the supply side, liquid alkali supply side performance is relatively stable, although there are individual devices have maintenance plans, but the overall supply is still relatively sufficient, the overall supporting role of the supply side is not big. The sheet alkali plant is partially overhauled, and the supply of goods on the market is relatively reduced, which has a certain support for the price of sheet alkali. The overall downstream demand shows a lukewarm state, which has little change compared with the previous procurement situation. At present, the profit situation of chlor-alkali enterprises is poor, caustic soda enterprises may have a pro-price mentality, it is expected that short-term caustic soda prices or flexible adjustment, prices or stable performance in most areas.

Futures: caustic soda SH2405 contract closed positive column, although there is an upside in the day, the high price breaks through the middle track, but the upward momentum is insufficient, and soon there will be a downside. Today's trading situation: 15.8% more than empty 15.1%, 16.7% more than 19.5%. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) continues to narrow, the KD line at the daily line level shows a golden fork trend, and the MACD line shows a dead fork trend, but the dead fork trend narrows. At present, the pressure above the futures price is still high, the upside needs more positive factors to stimulate, short-term futures or pay attention to the performance near the mid-rail pressure level.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, on April 15, China's liquid chlorine spot index was 400, up 5.56, or 1.41%. China's liquid chlorine index rose.

 

 

Caustic soda holding the list: