Analysis of caustic soda futures:July 24th SH2409 contract opening price: 2372, highest price: 2410, lowest price: 2368, position: 65154, settlement price: 2386, yesterday settlement: 2393, down: 7, closing price: 2401, daily trading volume: 90156 lots, precipitated capital: 751 million, capital outflow: 85 million.
Market price of caustic soda:
Spot analysis of caustic soda:Today, the operation of the domestic caustic soda market is stable and small, and the market trading atmosphere is general. The market in most areas is cautious, mainly waiting to see the market, and only a few areas have a small downward price center. Most of the shipments in the liquid alkali and tablet alkali market maintain the previous level. Today, the fluctuation of the liquid alkali market is not obvious, the price of high concentration alkali has dropped slightly in some areas, and the market in most regions is watching cautiously. From the point of view of the market price adjustment in each region, 50% of the ion membrane alkali has been reduced by 10 yuan / ton individually, and the price of other concentrations of alkali has remained almost stable, and the price range has not been significantly adjusted. The price of high concentration alkali in Shandong, the main producing area, has dropped slightly, the maintenance equipment has been restored recently, the local supply has increased, while the downstream demand is light and stable, and the shipping situation of enterprises is not ideal. 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 price of tablet alkali market is adjusted sporadically. There is a shutdown situation in the sheet alkali plant of individual manufacturers, and most of the other devices operate stably. This week, individual manufacturers' quotations have been slightly reduced, and the local market transaction price range has mainly fallen. Most of the new unit prices of manufacturers in Northwest China have maintained the level of operation last week, and the barycenter of transaction prices in most areas has not changed significantly.
Caustic soda futures analysis:Caustic soda SH2409 contracts rebounded, the night market fluctuated upward, the price fluctuated slightly in the morning, and there was an obvious rapid upward trend in the late afternoon, and the price rose again after falling slightly in the afternoon. As of today's close, SH2409 contracts fluctuated in the range of 2368-2410 throughout the day, with a price difference of 42 minus 09 contracts with a reduction of 8667 positions and 65154 positions so far.
Caustic soda index analysis:According to Tuduoduo data, the domestic caustic soda index was 2782.93 on July 24, falling by 0%, and the domestic caustic soda index was stable.
Future forecast of caustic soda:
Spot aspect:In the liquid alkali market, the early maintenance equipment has been restored one after another, the industry operating rate is expected to increase, and the supply side is becoming more and more negative. On the demand side, the main downstream alumina plant has a resumption of production, but relatively limited, non-aluminum downstream demand to maintain a steady pace of delivery, the demand side is difficult to improve significantly in the short term. The support of both supply and demand to the market has weakened obviously. It is expected that short-term liquid alkali market prices may be mainly flexible adjustment for the time being, and prices in some areas will not be ruled out to take the lead in lowering prices. In the tablet alkali market, at present, most of the tablet alkali devices operate stably, and some of them have maintenance plans in the later stage, but in the current weak market, the shipment of traders is limited, and the enthusiasm of operators to enter the market is limited. The maintenance of a few devices does not play an obvious role in supporting the market. It is expected that the short-term tablet alkali market will continue to be weak and volatile.
In terms of futures:Caustic soda SH2409 contract price from Monday began to jump low opened for two consecutive days down to refresh the low, today appeared a rebound. The short position left the market obviously, and the turnover of the market: 15.3% more than 14.6%, 24.1% and 19.3%. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) is downward, the KD lines of the daily line level intersect, the MACD line shows a dead-fork trend, and the expected price closes down and returns to the top of the lower track, and does not fall further below the 2300 mark. Although the futures price has rebounded, but the upward pressure still exists, the short-term focus on the support level of the lower track.
Caustic soda holds the list:
