Caustic soda: Spot prices were partially lowered, and futures prices exceeded the 2800 mark, reaching a new high in nearly a month

Caustic soda futures analysis:    May 8 SH2405 contract opening price: 2744, highest price: 2818, lowest price: 2731, position: 26179, settlement price: 2782, yesterday settlement: 2738, up: 44, closing price: 2791, daily trading volume: 77042 lots, precipitated capital: 351 million, capital inflow: 25.41 million.

Market price of caustic soda:

Spot analysis of caustic soda:      today China's caustic soda prices continue to show flexible adjustment, the wait-and-see mood in most areas is heavy, prices in individual areas are adjusted in a narrow range, the overall trading atmosphere in the market is average, operators' enthusiasm for entering the market is poor, and their mentality is more cautious. Today, the price of liquid alkali has dropped slightly in some areas. From the point of view of market price adjustment in various regions, 32% of ionic membrane alkali has individually dropped by 20 yuan / ton, while the prices of other concentrations of alkali have remained almost stable, and the price range has not been significantly adjusted. The downstream demand in individual areas is poor, and the market wait-and-see atmosphere is strong. Some enterprises cut their quotations to promote transaction, and the market transaction price has declined; in other regions, the market operation is stable, prices maintain the previous level, and there is little change on both sides of supply and demand. Downstream demand maintains a lukewarm rhythm, and the mentality of operators in various regions is relatively cautious. The upstream production enterprises individually adjust the ex-factory quotation, and most manufacturers wait and see to stabilize the price. Today, the center of gravity of transaction prices in some areas of the tablet alkali market has moved downwards, the quotations of new order price manufacturers in the northwest region have been reduced mainly, and market prices in some areas have followed suit. The market transaction is lukewarm, the downstream is mainly based on rigid demand procurement, most areas have a strong wait-and-see atmosphere.

Caustic soda futures analysis:    caustic soda SH2409 contract night trading concussion operation, early prices quickly up after the concussion decline, afternoon price fluctuations in a narrow range. As of today's close, SH2405 contracts fluctuated in the range of 2731-2818 throughout the day, with a price gap of 87 and a position increase of 1463 hands, with a position of 26179 hands so far.

Caustic soda index analysis: according to Tdd-global data, on May 8, China's caustic soda index was 2657.2, down 6.93, or 0.26%, while China's caustic soda index fell.

Future forecast of caustic soda:    

Spot aspect: liquid alkali market: at present, the liquid alkali market lacks the factors to guide the overall trend of the market, the overall flexible adjustment of the market, and the arrangement of the price range. On the one hand, the operation of most devices is relatively stable and plays little role in supporting the market; on the other hand, the overall procurement rhythm downstream maintains a lukewarm pace, and the operating rate of the downstream industry does not change much. It is expected that the short-term liquid alkali market will continue to show a narrow volatility trend. Tablet alkali market: at present, there is no obvious good news support in the tablet alkali market, and the situation of Chen Jiao in the market after the previous price rise is not ideal, so manufacturers and traders cut prices. At present, the supply side and demand side also have no obvious positive support to the market. It is expected that the short-term tablet alkali market or the overall wait-and-see mood is heavier, a few areas transaction prices may fall.

Futures: caustic soda SH2409 contract rose four times in a row, reaching an one-month high of 2818, successfully breaking through the 2800 mark, and high prices breaking through the track pressure level. The technical level shows that the Bolin belt (13, 13, 2) three tracks diverge, the daily KD line and MACD line show a golden fork trend, and the golden fork trend has expanded. The futures price closed with a positive pillar, the upper shadow line is relatively long, there is still pressure to continue to rise, at the same time, there is some support below, short-term futures prices continue to pay attention to the performance of the upper track.

Caustic soda holding the list: