Caustic soda: The spot market trend is slightly divided, and the futures price fluctuates upward

Caustic soda futures analysis:    April 22nd SH2405 contract opening price: 2422, highest price: 2484, lowest price: 2421, position: 26932, settlement price: 2449, yesterday settlement: 2426, up: 23, closing price: 2451, daily trading volume: 46755 lots, precipitated capital: 317 million, capital outflow: 60.65 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)
Specifications	Market	April nineteenth	April 22nd	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	720-800	0/20	-
	Hebei	770-780	780-800	10/20	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	990-1020	-40/-50	-
	Jiangsu Province	780-880	790-880	0/0	Delivery price
	Tianjin	2400-2500	2400-2500	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	1220-1330	1220-1330	0/0	Ex-factory price
	Hebei	1300-1330	1300-1330	0/0	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	3150-3200	50/50	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 differentiated, the price of caustic soda in some areas has increased slightly, the price center of gravity in some areas still has a downward trend, and the market price adjustment mentality is different. The market transaction atmosphere is average, and the market mentality in most areas is cautious. Today, the prices of low concentration alkali in the liquid alkali market are mixed, and the price of high concentration alkali is relatively stable. From the point of view of price adjustment in various regions, 32% of ionic membrane alkali in some areas has increased by 10-20 yuan / ton, and some have dropped by 40-50 yuan / ton. The prices of other concentrations of alkali have almost remained stable, and the price range has not been significantly adjusted. The inventory pressure of liquid alkali enterprises in some areas is not great, and the shipping performance of some enterprises is OK, which mainly supports the rise of local transaction prices; the enthusiasm of receiving goods downstream of individual areas is still poor, and the market transaction situation is not ideal, so merchants cut prices mainly to promote shipments. 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. At the beginning of the week in today's tablet alkali market, the ex-factory quotation of tablet alkali in Shandong was raised by 50 yuan / ton, and the price center of gravity in the local market followed up. The operation of the market in most other areas is relatively stable, the transaction situation has not been significantly improved, and most of them maintain the previous level of operation, the new unit price in the northwest region has not been announced yet, and the mentality of the operators is relatively cautious.

 

 

Caustic soda futures analysis:    caustic soda SH2405 contract shock uplink. Night trading prices jump high after the concussion operation, after the opening of the morning showed a concussive upward trend, to today's high after the downward, afternoon price shocks. As of today's close, SH2405 contracts fluctuated in the range of 2421-2484 throughout the day, with a price difference of 63. 55.The contract reduced its position by 5701 hands and has held 26932 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index rose to 2705.44 on April 22, up 5.15%, or 0.191%. China's caustic soda index rose.

 

 

Prediction of the later stage of caustic soda:    

Spot aspect: the recent liquid alkali spot market as a whole is mainly regional adjustment, each regional market flexibly adjusts prices according to the local market and enterprises' own conditions, and there is a lack of factors to guide the overall trend of the market. At present, it is in late April, and there is still no obvious improvement in market demand, but before the May Day short holiday, some downstream and traders have the mentality of preparing goods, and at present, the inventory pressure of liquid alkali enterprises in some areas is not great, which may be good for the market. On the whole, the recent liquid alkali market or maintain the flexibility to adjust prices. There is a recovery of the early maintenance equipment in some areas of the tablet alkali market. at present, the equipment maintenance and recovery coexist in the market, the supply side has slightly increased compared with the previous period, the downstream demand has maintained a tepid state, and the demand side has not been significantly improved. at the beginning of the week, the market mentality in most areas is relatively cautious, and the current market transaction price is slightly higher than the factory quotation, and the new unit price in Northwest China may still be raised this week.

Futures: caustic soda SH2405 contract showed an obvious upward trend, today's high price broke through the track, the high point reached 2484, but the pressure above the futures price is still large, mainly reducing positions, and the futures price shows a downward trend after rising to the high point. Today's trading situation: more than 13.9% versus 10.6%, 17.7% versus more than 20%, long and short parties continue to close positions. The technical level shows that the three tracks of the Bolin belt (13, 13, 2) continue to narrow, and the daily KD line and MACD line show a golden fork trend and a golden fork trend. In the short term, the futures price of caustic soda SH2405 contract focuses on the upper track pressure level.

 

Market price of liquid chlorine:

 

Liquid chlorine index analysis:    according to Tuduoduo data, China's liquid chlorine spot index rose 66.67%, or 18.75%, to 422.22 on April 22nd. China's liquid chlorine index rose.

 

 

Caustic soda holding the list: