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Caustic soda: Spot prices coexist with ups and downs, futures prices rise slightly and then dive

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April 19, 2024, 4:24 PM


Caustic soda futures analysis:    April 19 SH2405 contract opening price: 2416, highest price: 2458, lowest price: 2388, position: 32633, settlement price: 2426, yesterday settlement: 2417, up: 9, closing price: 2410, daily trading volume: 52754 lots, precipitated capital: 377 million, capital outflow: 39.66 million.

 

Market price of caustic soda:

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

Specifications

Market

April eighteenth

April nineteenth

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

750-780

770-780

20/0

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

2400-2450

2400-2500

0/50

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

1220-1330

-30/-50

Ex-factory price

Hebei

1320-1380

1300-1330

-20/-50

Ex-factory price

Shandong

1220-1330

1220-1330

0/0

Current exchange rate

Tianjin

2740-2760

2740-2760

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

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 China's caustic soda market continues to show differential operation, liquid caustic soda transaction prices rise and fall mixed, tablet caustic soda transaction prices are relatively stable, there are only a few areas in the market to adjust prices, and the market mentality in most areas is cautious. Today, the prices of liquid alkali rise and fall each other, while the prices of low concentration alkali rise slightly in some areas, while the prices of high concentration alkali fall mainly in some areas. from the perspective of regional market price adjustment, 32% ionic membrane alkali rose 20-50 yuan / ton, 50% ionic membrane alkali fell 20-50 yuan / ton, and the prices of other concentrations of alkali almost remained stable, and the price range has not been significantly adjusted. In some areas, the inventory pressure of low-concentration alkali enterprises is reduced, and the downstream demand performance is OK, enterprises have a certain stock reduction, supporting the transaction price center of gravity to move up; high concentration alkali mainly falls in individual areas. The market operation in most other regions is stable, the price maintains the previous level, the supply and demand sides do not change much, the downstream demand maintains the lukewarm rhythm, and the attitude of the industry in each region is relatively cautious. A few upstream production enterprises adjust the ex-factory quotation, and most manufacturers wait and see to stabilize the price. Today, the operation of the tablet alkali market is relatively stable, there is no obvious fluctuation in each regional market, the merchant shipping price mostly maintains yesterday's level, the downstream demand maintains the lukewarm state, the transaction situation is slightly general, the market price adjustment mentality is general, the overall performance is more cautious, the various places maintain wait-and-see mainly, the transaction price has not seen the obvious change.

 

 

Caustic soda futures analysis:    caustic soda SH2405 contract as a whole shows an upward trend and then a downward trend. Night trading price concussion operation, after the opening of morning trading concussion upward, to today's high after a continuous dive, afternoon prices rebounded slightly after shock. As of today's close, SH2405 contracts fluctuated in the range of 2388-2458 throughout the day, with a price difference of 70 minus 05 contracts with a reduction of 3250 positions and 32633 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, on April 19, China's caustic soda index was 2700.29, down 6.3%, or 0.233%. China's caustic soda index fell.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: at present, the market situation of caustic soda is flexibly adjusted, the prices of liquid caustic soda rise and fall mutually, the factors that guide the market trend in different regions are different, and the price is flexibly adjusted mainly. After the price in each region rose briefly after the factory quotation was raised, it showed a wait-and-see mood again today, and the market performance was relatively cautious near the weekend. In the later period, the caustic soda market may continue to show flexible adjustment in late April, with little change on both sides of supply and demand in each region, relatively obvious changes in a few regions, price adjustment and market or narrow range shocks in most areas. From the point of view of the market in May, caustic soda enterprises plan to increase the number of maintenance devices in May, or rebound.

Futures: caustic soda SH2405 contract a small rebound market, although today's futures high close to the track, appear this week's high, but the overall uplink is still relatively weak, the pressure above the futures price is greater, lack of sufficient power to support further upward. The disk continues to run in the state of reducing positions. Today's trading situation: 13.9% more than empty 16%, 16.6% more flat than 17.3%, long and short parties close more. The technical level shows that the Bolin belt (13, 13, 2) three tracks narrowed, the daily KD line gold fork trend continues to expand, MACD line also shows a golden fork trend. Short-term futures prices continue to pay attention to the performance near the middle track.

 

Market price of liquid chlorine:

Summary of market price (unit: yuan / ton)

Area

April eighteenth

April nineteenth

Rise and fall

Remarks

Northeast China

400-500

250-350

-150/-150

Tank car quotation

Shandong province

400-500

250-350

-150/-150

Tank car quotation

Zhejiang Province

500-600

500-600

0/0

Tank car quotation

East China region

400-450

200-300

-200/-150

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

500-600

350-450

-150/-150

Tank car quotation

 

Liquid chlorine index analysis:    according to Tuduoduo data, on April 19, China's liquid chlorine spot index was 355.56, down 66.67, or 15.79%. China's liquid chlorine index fell.

 

 

Caustic soda holding the list: