Caustic soda: Downstream purchase prices have been lowered again, and market performance has not been active

Caustic soda futures analysis: & nbsp;  April 30th SH2405 contract opening price: 2667, highest price: 2696, lowest price: 2643, position: 23317, settlement price: 2672, yesterday settlement: 2684, down: 12, closing price: 2686, daily trading volume: 41832 lots, precipitated capital: 338 million, capital inflow: 28.14 million.

Market price of caustic soda:

Caustic soda spot analysis: & nbsp;    today China's caustic soda market shows a downward trend, the market transaction price center of gravity moves down regionally, the market trading atmosphere is light, the enterprise shipment situation is general, approaching the May Day short holiday, the market performance is relatively stable, the operator mentality is cautious. Today, the liquid alkali market has declined regionally, and the prices of both high concentration and low concentration alkali have fallen. From the point of view of the price adjustment in various regions, 32% of the ion-exchange membrane alkali has dropped by 10-20 yuan / ton, and 50% of the ion-exchange membrane alkali has dropped by 20-30 yuan / ton. The prices of other concentrations of alkali have remained almost stable, and the price range has not been significantly adjusted. On the one hand, the purchase price of liquid alkali by alumina enterprises in the lower reaches of Shandong Province has once again been reduced by 10 yuan / ton to 680 yuan / ton, which has a negative impact on the price of local liquid alkali. The enthusiasm of receiving goods downstream of individual areas is poor, resulting in poor shipments of chlor-alkali enterprises, and the decline in local prices promotes transactions. The market operation in other regions is stable, the price maintains the previous level, the supply and demand sides do not change much, the downstream demand maintains a 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 tablet alkali market shows a weak downward trend, the market transaction performance is stable, and the transaction price has been reduced in some areas. The price of the new order in the northwest region has been lowered by some manufacturers, and the transaction price in the local and surrounding areas has been lowered. The operation of the equipment of most manufacturers is stable, the downstream demand is lukewarm, the overall transaction situation of the market is general, and the mentality of the operators is relatively cautious.

Caustic soda futures analysis: & nbsp;  caustic soda SH2409 contract night trading concussion operation, after a brief concussion in the morning after two consecutive diving, and then hit the bottom to rebound, afternoon prices rose again after the late afternoon shock. As of today's close, SH2405 contracts fluctuated in the range of 2643-2696 throughout the day, with a price difference of 53 minus 09 contracts with an increase of 1812 positions and 23317 positions so far.

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index fell by 0.492% to 2676.54, down 13.24%, while China's caustic soda index fell.

Prediction of the later stage of caustic soda: & nbsp;  

Spot: with the advent of May Day short holiday, market activity has weakened obviously. At present, the supply of caustic soda market is relatively sufficient, and the market mentality is dragged down again by the purchase price reduction of alumina downstream of the main force, and the overall lukewarm performance on the demand side has not been significantly improved. in addition, at the end of the month and the beginning of the month, when the purchasing prices of various regions were announced in May, the purchasing price of liquid alkali of alumina in Shanxi was reduced by 200 yuan per ton in May, and other regions have not yet announced it. We should pay attention to the announcement of purchase prices in Henan, Guangxi and other regions. Since May 1, a small number of devices have been overhauled one after another, which may give a slight boost to local prices, but the boost effect on the overall market may not be obvious. On the whole, it is expected that prices in various regions will be adjusted flexibly during the festival.

Futures: at present, the caustic soda market has completed the change of positions, today's caustic soda SH2409 contract first fell and then rose, but approaching the May Day short holiday, the disk performance is not active, there is an overall increase in positions. Today's trading situation: 15.5% more than empty 15.9%, 14.5% flat versus 14.6% more flat. At the technical level, it shows that the three tracks of the Bolin belt (13, 13, 2) diverge, the KD line at the daily level shows the trend of dead fork, and the two lines of MACD intersect. The support below the closing price is relatively obvious, and the support level may be effective, but near the May Day short holiday, market uncertainties are increasing, so we need to pay attention to the trend of the market in the later period.