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Caustic soda: The price of high-concentration alkali has risen, and the market has a bottoming signal

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May 10, 2024, 3:31 PM


Caustic soda futures analysis: & nbsp;  May 10 SH2405 contract opening price: 2815, highest price: 2815, lowest price: 2770, position: 26791, settlement price: 2793, yesterday settlement: 2803, down: 10, closing price: 2807, daily trading volume: 47879 lots, precipitated capital: 361 million, capital outflow: 13.9 million.

 

Market price of caustic soda:

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

Specifications

Market

May 9th

May 10th

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

940-1000

940-1000

0/0

Can price

Shandong

680-800

680-800

0/0

Current exchange rate

Zhejiang

990-1000

990-1000

0/0

-

Jiangsu Province

835-890

835-890

0/0

Delivery price

Tianjin

2300-2330

2300-2330

0/0

A discount of 100%

Anhui Province

830-850

830-850

0/0

Ex-factory price

Henan

2500-2600

2500-2600

0/0

A discount of 100%

50% ionic membrane alkali

North China

1220-1330

1240-1360

20/30

Ex-factory price

Hebei

1300-1330

1330-1370

30/40

Ex-factory price

Shandong

1220-1300

1240-1310

20/10

Current exchange rate

Tianjin

2650-2700

2650-2700

0/0

A discount of 100%

Southwest

3200-3400

3200-3400

0/0

A discount of 100%

99% tablet alkali

Northwest

2750-2850

2750-2850

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

1290-1380

1310-1380

20/0

Ex-factory price

30% ionic membrane alkali

Southwest

930-1020

930-1020

0/0

-

48% ionic membrane alkali

Henan

2700-2800

2700-2800

0/0

A discount of 100%

 

Caustic soda spot analysis: & nbsp;    today China's caustic soda market shows a regional small upward arrangement, the overall market turnover is general, some areas are slightly positive, prices rise slightly, most of the markets are stable, and prices have not changed significantly. Today, the center of gravity of local market transactions in the liquid alkali market has moved slightly up, and most regional markets have maintained the previous level of operation. from the perspective of regional market price adjustment, 50% ionic membrane alkali in some areas has risen slightly by 10-40 yuan / ton, 49% ionic membrane alkali has increased by 20 yuan / ton, and the prices of other concentrations of alkali have remained almost stable, and the price range has not been significantly adjusted. The market of low concentration alkali is relatively stable, and there is no obvious positive boost in each region. the high concentration of alkali is supported by the increase of export orders, and the price increases slightly. 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. The upstream production enterprises individually 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, the transaction situation in each region is relatively flexible, the price range is mainly arranged, the market transaction is lukewarm, and the market transaction price has not changed significantly. There is little change between supply and demand, the wait-and-see mood of the market in each region is heavier, and the mentality of price adjustment is more cautious.

 

Caustic soda futures analysis: & nbsp;  caustic soda SH2409 contract opened at night is the highest price, the final shock down, the morning price continued to shock down, the late session rebounded slightly, in the afternoon after a slight weakness appeared obvious upside. As of today's close, SH2405 contracts fluctuated in the range of 2770-2815 throughout the day, with a price difference of 45 minus 09 contracts with a reduction of 1081 positions and 26791 positions so far.

 

Caustic soda index analysis: according to Tuduoduo data, China's caustic soda index rose 13.05% to 2656.1 on May 10, a range of 0.494%. China's caustic soda index rose.

 

 

Future forecast of caustic soda: & nbsp;  

Spot: liquid alkali market: the trend of liquid alkali market is slightly different, the operation of low concentration alkali market is relatively stable, there are no obvious factors guiding the market trend in the market, and the transaction situation in each region is relatively flexible. prices are flexibly adjusted according to the local market and enterprises' own conditions, and there is a lack of news stimulation for further up and down price adjustments. It is expected that the short-term liquid alkali market shock finishing operation. Tablet alkali market: the operation of the tablet alkali market is relatively cautious, the supply side is stable, the downstream demand is rigid, and the overall transaction of the market is lukewarm. It is expected that the short-term tablet alkali market or shock operation.

 

Futures: caustic soda SH2409 contract showed a decline after five consecutive gains, and the futures price is still approaching the track position. 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 closing price of the futures price shows a hammerhead line, the opening price of the futures price is the highest price, the lower shadow line is longer, there is no upper shadow line, and the lower support is more obvious. Short-term disk or there is still an upward trend.