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Caustic soda: Spot prices are mixed, and futures prices fluctuate downward

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April 16, 2024, 4:54 PM


Caustic soda futures analysis:    April 16 SH2405 contract opening price: 2430, highest price: 2433, lowest price: 2344, position: 41289, settlement price: 2385, yesterday settlement: 2422, up: 945, closing price: 2354, daily trading volume: 51694 lots, precipitated capital: 467 million, capital outflow: 2.1 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)

Specifications

Market

April fifteenth

April sixteenth

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

720-780

720-780

0/0

-

Hebei

740-780

750-780

10/0

Ex-factory price

South China

940-1050

940-1050

0/0

Can price

Shandong

700-790

700-790

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

2400-2450

-20/0

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

2750-2800

-40/0

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

1280-1380

1280-1380

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, the trend of China's caustic soda market is slightly different, the price center of gravity in some regions has slightly moved up, local prices have fallen, there are regional differences in supply and demand, the market operation in most regions has remained stable, and the wait-and-see mood in the market is heavier. Today, the liquid alkali market is mixed, prices in some regions have risen slightly, a few have fallen, and prices in most regions have not changed obviously. from the point of view of price adjustment in various regions, 32% of ionic membrane alkali in a few areas has dropped 20 yuan / ton. individual rose 10 yuan / ton, 50% ionic membrane alkali fell 40 yuan / ton, the prices of other concentrations of alkali almost remained stable, and the price range has not been significantly adjusted. Early prices in some areas are frequently reduced, after low-price shipments, enterprise inventory pressure is reduced, coupled with poor corporate profitability, local prices tentatively increase prices. In some areas, the early maintenance equipment resumed the start-up situation, the supply increased, but the demand did not improve significantly, and the price center of gravity moved down. 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 have lowered their ex-factory quotations, individual have raised their quotations, and other manufacturers have waited and seen to stabilize prices. Today, most areas of the tablet alkali market have maintained a stable trend, and prices have not changed obviously. most manufacturers in Northwest China have not yet announced new unit prices, and there is a heavy wait-and-see mood in the market. Individual pre-maintenance equipment has been restored today, and the supply has increased slightly.

 

 

Caustic soda futures analysis:    caustic soda SH2405 contract concussion downward. The price of the night market fluctuated downward, and the overall market showed a downward trend during the day. As of today's close, SH2405 contracts fluctuated in the range of 2344-2433 throughout the day, with a price difference of 89. 05 contracts with an increase of 945 positions and 41289 positions so far.

 

Caustic soda index analysis: according to Tdd-global data, China's caustic soda index fell by 0.03% to 2697.8, down 0.8%, while China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Spot: the supply side of the early maintenance equipment is expected to resume in the next few days this week, while the devices with maintenance plans are in the minority, and the supply side has a regional increase trend in the later stage; there are individual alumina plants in southern China downstream recently have plans to resume production, local demand or storage has increased, the demand of the downstream industry in most other areas has not significantly improved, it is expected to continue to maintain the lukewarm procurement trend.

Futures: caustic soda SH2405 contract prices have fallen. Today's trading situation: more than 11.6% versus 19.7%, 15.6% versus 15.9%, short mood is heavier. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) shows a downward trend, and the KD line at the daily line level shows a golden fork trend, but obviously narrows, and the MACD line dead fork trend expands. There is a small support below the futures price, and the short-term futures price continues to pay attention to the performance near the middle track.

 

Market price of liquid chlorine:

Summary of market price (unit: yuan / ton)

Area

April fifteenth

April sixteenth

Rise and fall

Remarks

Northeast China

350-450

350-450

0/0

Tank car quotation

Shandong province

350-450

350-450

0/0

Tank car quotation

Zhejiang Province

500-600

500-600

0/0

Tank car quotation

East China region

300-400

350-450

50/50

Tank car quotation

Southwest China

400-600

400-600

0/0

Tank car quotation

Central China

500-600

500-600

0/0

Tank car quotation

Inner Mongolia

100-200

100-200

0/0

Tank car quotation

Anhui province

200-300

200-300

0/0

Tank car quotation

Hebei Province

450-550

450-550

0/0

Tank car quotation

 

Liquid chlorine index analysis:    according to Tuduoduo data, on April 16, China's liquid chlorine spot index was 405.56, up 5.56, or 1.39%. China's liquid chlorine index rose.

 

 

Caustic soda holding the list: