Caustic soda: the price of high concentration caustic soda is reduced, and the futures price continues to break the track and go down.
Analysis of caustic soda futures:SH2409 contract opening price: 2410, highest price: 2424, lowest price: 2358, position: 73821, settlement price: 2393, yesterday settlement: 2446, down: 48, closing price: 2359, daily trading volume: 120090 lots, precipitated capital: 836 million, capital inflow: 30.24 million.
Market price of caustic soda:
Spot analysis of caustic soda:Today, the domestic caustic soda market is declining regionally, the prices of some high concentration caustic soda in the liquid caustic soda market are down, other prices remain stable, the wait-and-see mood in the tablet caustic soda market is still heavy, and there is no obvious adjustment in each regional price range. Most of the market supply and demand situation maintains the previous level, and the trading situation does not change much. Today, the price of liquid alkali market is stable in most areas, and the price of some high concentration alkali has fallen. From the point of view of price adjustment in various regions, 50% of ionic membrane alkali has been partially reduced by 10-150 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 market of low concentration alkali is stable for the time being, the situation of supply and demand in each region does not change much, and the overall trend of the market does not fluctuate obviously; the price of high concentration alkali is reduced, which is mainly affected by the decline of outer disk price, and the price in some areas is mainly followed. The market operation in other regions is relatively stable, the price center of gravity in each region has not changed significantly, the downstream demand in most areas is flat, the shipping situation of liquid alkali enterprises is general, and most of the transactions maintain the previous level. Most of the upstream manufacturers wait and see to stabilize the price, and the mentality of price adjustment is more cautious. Today, the wait-and-see mood in the tablet alkali market is strong, the new order prices of most manufacturers in the northwest region have not been announced, the transaction price center of gravity in most areas has not changed significantly, and individual market transaction prices have been heard to have been reduced. The delivery pace of traders is slow, the market trading situation is weak, and the enthusiasm of operators to enter the market is poor.
Caustic soda futures analysis:Caustic soda SH2409 contract throughout the day showed a downward trend of shock, there is no obvious rebound in the market. As of today's close, SH2409 contracts fluctuated in the range of 2358-2424 throughout the day, with a spread of 6. 6 and 6. 09 contracts with an increase of 4493 positions and 73821 positions so far.
Caustic soda index analysis:According to Tuduoduo data, on July 23, the domestic caustic soda index was 2782.93, down 10.8%, or 0.387%, and the domestic caustic soda index fell.
Future forecast of caustic soda:
Spot aspect:The liquid alkali market, recently, the liquid alkali market has opened a downward channel, in which the decline of the high concentration alkali market is particularly obvious. The supply side is expected to recover gradually. although there are devices that have reduced negative production or fault parking in the near future, there is no obvious boost to the market for the time being, and there are not many planned maintenance devices in the later stage, coupled with the high shipping pressure of some enterprises and the increase of liquid alkali inventory. The overall supply side is expected to be short of profit in the future. At present, the market in most regions shows a wait-and-see trend, and the price of high concentration alkali is mainly affected by the decline in the price of the outer disk. It is expected that the short-term liquid alkali market or temporarily flexible adjustment of prices, the market wait-and-see mood increased. In the tablet alkali market, at present, the early maintenance equipment has been restored one after another, and the supply of goods on the market will increase accordingly; downstream demand has not improved significantly, and the fundamentals are not favorable for the time being. Traders in the market lack confidence in the future, the trading situation in the market is weak, the superimposed liquid alkali market shows a downward trend recently, and the tablet alkali market has no obvious support for the time being. In the short term, there is no good news on the market, and the good news in the early stage has been exhausted. The market may gradually show a downward trend.
In terms of futures:Caustic soda SH2409 contract continues to show a downward trend, short sellers continue to enter the market, the market turnover: 14.9% more than 22.8%, 18.2% more flat than 18.8%. The technical level shows that the opening of the three tracks of the Bollinger belt (13, 13, 2) turns downward rapidly, the KD line and MACD line at the daily level show the trend of dead fork, the trend of dead fork of MACD line expands rapidly, and the price continues to break down, and then refresh the disk low after falling below the 2400 mark. By the end of the day, the market was mainly increased, short positions were suppressed obviously, the upward pressure was still large, and short-term futures prices may continue to show a downward trend.
Caustic soda holds the list:
