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Caustic soda: Spot prices rose slightly, and futures prices rose twice in a row after the holiday

17,494
May 7, 2024, 3:18 PM


Caustic soda futures analysis: & nbsp;  May 7 SH2405 contract opening price: 2726, highest price: 2756, lowest price: 2720, position: 24716, settlement price: 2738, yesterday settlement: 2704, up: 34, closing price: 2742, daily trading volume: 40015 lots, precipitated capital: 325 million, capital outflow: 18 million.

 

Market price of caustic soda:

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

Specifications

Market

May 6th

May 7th

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

700-790

700-790

0/0

-

Hebei

730-780

730-780

0/0

Ex-factory price

South China

940-1050

940-1050

0/0

Can price

Shandong

680-800

680-800

0/0

Current exchange rate

Zhejiang

990-1020

990-1020

0/0

-

Jiangsu Province

825-880

835-890

10/10

Delivery price

Tianjin

2280-2360

2280-2360

0/0

A discount of 100%

Anhui Province

830-850

830-850

0/0

Ex-factory price

Henan

2600-2800

2600-2800

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

1200-1300

1200-1300

0/0

Current exchange rate

Tianjin

2650-2750

2650-2750

0/0

A discount of 100%

Southwest

3200-3400

3200-3400

0/0

A discount of 100%

99% tablet alkali

Northwest

2800-2900

2800-2900

0/0

Ex-factory price

Shandong

3150-3200

3150-3200

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

930-1020

930-1020

0/0

-

48% ionic membrane alkali

Henan

2800-2900

2800-2900

0/0

A discount of 100%

 

Caustic soda spot analysis: & nbsp;    today China caustic soda prices show a trend of interval arrangement, most regional markets do not see obvious fluctuations, individual regional prices are flexibly adjusted. The overall trading atmosphere of the market is average, and most operators are still cautious, and their enthusiasm for entering the market is not high. Today, the liquid alkali market has moved steadily and slightly, the price of low concentration alkali in some areas has risen slightly, and the market performance in most regions is stable, mainly watching the market cautiously. From the point of view of price adjustment in various regions, 32% of ionic membrane alkali has individually increased by 10 yuan per ton. The prices of other concentrations of alkali have almost remained stable, and the price range has not been significantly adjusted. The shipping situation of enterprises in individual regions is relatively OK, supporting the upward adjustment of local quotations; in other regions, the market is stable, prices maintain the previous level, there is little change between supply and demand, and the downstream demand maintains a lukewarm pace. The mentality of operators 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 is mainly wait-and-see, most of the tablet alkali devices are stable, the performance of the supply side is stable, the downstream demand is light and stable, the new unit price in the northwest region has not been announced yet, there is no price guidance in each region, and most of them maintain the previous level of operation. the trading atmosphere in the market is general, and the transaction price has not changed significantly.

 

Caustic soda futures analysis: & nbsp;  caustic soda SH2409 contract night trading quickly up to the intraday high, and finally concussion decline, the overall trend of a narrow range of shocks during the day. As of today's close, SH2405 contracts fluctuated in the range of 2720-2756 throughout the day, with a price difference of 36 mins and an increase of 1386 positions in contracts, and 24716 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index was 2664.13 on May 7, up 1.44%, or 0.054%. China's caustic soda index rose.

 

 

Future forecast of caustic soda: & nbsp;  

Spot: liquid alkali market: liquid alkali market may maintain a volatile trend in the short term. On the one hand, the operation of most devices is stable, some regional devices have maintenance plans, or there is support for local prices, but most other regional markets or maintain a stable trend; the start of the main downstream alumina enterprises is still affected by the tight supply of bauxite, coupled with the periodic production reduction of alumina enterprises, the demand for caustic soda is not ideal, there is no obvious change in other industries, and more rigid demand procurement is maintained. On the whole, the price of liquid alkali or flexibility is mainly adjusted. Tablet alkali market: first of all, individual devices have maintenance plans in the near future, but most of them operate stably, so the impact of individual equipment maintenance on the overall supply side is limited, and the supply side can not bring effective support to the market in the short term. In addition, the overall performance of downstream demand is weak, the purchasing enthusiasm is general, the actual transaction situation of the market is poor, and the demand side is also lack of support. In the short term, there is no obvious positive factor support in the tablet alkali market or as a whole. Price or deposit a certain amount of downside is possible.

Futures: caustic soda SH2409 contract shows three consecutive rising trend, the low point of the futures price is close to the middle track, the high point is close to the upward track. The technical level shows that the three tracks of the Bolin belt (13, 13, 2) diverge, and the KD lines and MACD lines at the daily level show a golden fork trend. Futures close shows a positive column, the shadow line is relatively long, the current upward price is still under pressure, the lower support is relatively small, short-term futures prices or concussion in the middle track.