Caustic soda: Spot prices were lowered individually, and futures prices fluctuated upward

Caustic soda futures analysis:    May 6 SH2405 contract opening price: 2694, highest price: 2734, lowest price: 2675, position: 23330, settlement price: 2704, yesterday settlement: 2672, up: 32, closing price: 2725, daily trading volume: 27692 lots, precipitated capital: 343 million, capital inflow: 5.1 million.

Market price of caustic soda:

Caustic soda spot analysis:      today China's caustic soda market shows a stable and small trend, the overall trading atmosphere of the market is general, the first day after the festival market is not active, downstream demand changes little, enterprise shipments are general, the overall mentality of operators is more cautious. Today, the price of liquid alkali has been adjusted slightly in some areas, and the market in most regions has been stable. Judging from the price adjustment in various regions, 32% of ionic membrane alkali has individually dropped by 10 yuan per ton, while the prices of other concentrations of alkali have remained almost stable, and the price range has not been significantly adjusted. The price of low concentration alkali decreased slightly in some areas, mainly due to the poor enthusiasm of receiving goods downstream of the local area, and the price dropped slightly during the May Day holiday. In May 2024, the purchasing price of liquid alkali in alumina enterprises in Xiaoyi Prefecture, Shanxi Province was reduced by 200 yuan / ton, and 50% ionic membrane alkali was sent to 2490 yuan / ton (100 yuan), which had an impact on the price of high concentration alkali in some surrounding areas. the price of high concentration alkali in some surrounding areas is reduced by 100,300 yuan / ton. 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 operation of the tablet alkali market is stable, and the market transaction situation is light and stable. At the beginning of the week, the ex-factory quotation of tablet alkali in Shandong has not been significantly adjusted, the new order price in the northwest region has not yet been announced, and the operators in various regions have mainly waited on the market, and the transaction price has not been significantly adjusted for the time being. The operation of the equipment of most manufacturers is stable, the downstream demand performance is lukewarm, the market trading atmosphere is general, and the operators' mentality is cautious.

Caustic soda futures analysis:    caustic soda SH2409 contract without night trading, early trading price down after the shock operation, late trading upward, afternoon prices continue to rise slightly. As of today's close, SH2405 contracts fluctuated in the range of 2675-2734 throughout the day, with a price difference of 59 minus 09 contracts with an increase of 13 positions and 23330 positions so far.

Caustic soda index analysis: according to Tdd-global data, China's caustic soda index fell by 0.102% to 2673.81, down 2.73%, while China's caustic soda index fell.

Spot forecast of caustic soda:    

The supply of goods in most areas of the supply side is relatively adequate, and there are no maintenance plans for many devices in the short term, and the supply side may maintain adequate operation; the downstream demand has not improved significantly for the time being, the pre-festival stock is sufficient and the consumption is limited, and the demand side may maintain a lukewarm situation. In May, the purchasing price of liquid alkali by downstream enterprises was announced in some areas, and the prices were mainly reduced. The purchasing price of liquid alkali by alumina enterprises in Guangxi was reduced by 300 yuan / ton in May, and the purchasing price of liquid alkali by alumina enterprises in Shanxi was reduced by 200 yuan / ton in May. the price reduction behavior of the main downstream reappears, which suppresses the price of caustic soda to a certain extent. It is expected that the short-term caustic soda market may run in shock, and prices will be adjusted flexibly in some areas.

Caustic soda holding the list: