< img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2433975083660159&ev=PageView&noscript=1" />

Caustic soda: The 09 contract price hit a new low on the market, and the spot price was slightly adjusted, and prices were mixed

99,719
July 30, 2024, 4:26 PM


Analysis of caustic soda futures:SH2409 contract opening price: 2400, highest price: 2400, lowest price: 2335, position: 60804, settlement price: 2364, yesterday settlement: 2395, down: 31, closing price: 2380, daily trading volume: 156715 lots, precipitated capital: 695 million, capital outflow: 15.01 million.

Market price of caustic soda:

Spot analysis of caustic soda:Today, the trend of the domestic caustic soda market is slightly different, some operators have different price adjustment mentality, and market prices rise and fall. Most of the operators are cautious, mainly wait and see the market, the price range has not changed significantly, the market trading situation also maintained the previous level of operation. Today, the price adjustment of liquid alkali market shows regional differences, the market transaction atmosphere is general, and prices remain stable in most areas. from the point of view of regional market price adjustment, 32% of ionic membrane alkali is down-regulated by 16-20 yuan / ton. local increase of 10 yuan / ton, 50% of ion membrane alkali down 10 yuan / ton, 49% ion membrane alkali down 30 yuan / ton, other concentration alkali price almost stable There is no significant adjustment in the price range. First of all, prices in some areas fell slightly, mainly affected by weak downstream demand and poor enterprise shipments. Prices in individual areas rose slightly, and demand from a large alumina enterprise in the lower reaches of Shandong, the main producing area, increased, driving up liquid alkali prices, and there was also a certain boost to prices in some surrounding regions. Most of the upstream manufacturers wait and see to stabilize the price, and the mentality of price adjustment is more cautious. Today, the price center of gravity in some areas of the tablet alkali market has moved downwards, and the markets in most areas have shown a stable trend, with a strong wait-and-see atmosphere. The signing of orders by some manufacturers is general, and most manufacturers have not quoted new prices yet.

Caustic soda futures analysis:Caustic soda SH2409 contract down the night, the price shock in the morning run, a small rebound in the afternoon after the shock. As of today's close, SH2409 contracts fluctuated in the range of 2335-2400 throughout the day, with a price difference of 65 minus 09 contracts with a reduction of 1028 positions and 60804 positions so far.

Caustic soda index analysis:According to Tuduoduo data, on July 30, the domestic caustic soda index was 2772.57, down 7.23, or 0.26%, and the domestic caustic soda index fell.

image.png

Future forecast of caustic soda:

Spot aspect:In the liquid alkali market, at present, the liquid alkali market is mainly flexible to adjust the price, there are differences in supply and demand among different regions, and the price is mostly arranged and operated in an interval. Judging from the current market factors, although there is a slight improvement in downstream demand, the overall supply side is expected to increase, the situation of supply exceeding demand may be intensified, and the contradiction between supply and demand in the market is becoming more and more obvious; it should be noted that although the price of liquid chlorine has risen and fallen recently, it is at a relatively low level as a whole, which enhances the manufacturers' mentality of pushing up prices to a certain extent. It is expected that the short-term liquid alkali market may continue to adjust prices regionally. In the tablet alkali market, the main tone of the market remains stable, affected by poor demand, although the supply side has equipment maintenance, but the price support is not obvious, the mentality of manufacturers and traders is relatively cautious, and in the case of poor market transactions and poor enterprise shipments, the market transaction price center of gravity in individual areas has moved down, and prices in some areas may fall in the later stage.

In terms of futures:Caustic soda SH2409 contract price continued to be weak, the market once again refreshed the main contract price low of 2335, but did not effectively fall below the 2300 mark. The short performance of the disk is relatively active, and today's trading is 16.7% more than the short opening, 20.9% more than the short opening, and 21.7% more flat than 18.9%. The technical level shows that the opening of the three tracks of the Bollinger belt (13, 13, 2) is downward, the KD line of the daily line runs poorly, the MACD line shows a dead fork trend, and the future price closes in the longer shadow column throughout the day, and the lower support is relatively obvious. Short-term futures prices may continue to test the low range.

Caustic soda holds the list:

image.png