Analysis of caustic soda futures:SH2409 contract opening price: 2444, highest price: 2455, lowest price: 2374, position: 40158, settlement price: 2416, yesterday settlement: 2425, down: 9, closing price: 2392, daily trading volume: 125915 lots, precipitated capital: 461 million, capital outflow: 320000.
Market price of caustic soda:
Spot analysis of caustic soda:Today, domestic caustic soda prices are flexibly adjusted at the beginning of the week, and individual regions are arranged and operated. In most areas, the wait-and-see mentality is heavy, and the enthusiasm of operators to adjust prices is not high. At the beginning of the week, the turnover in each regional market was general, the operators were relatively cautious in entering the market, and the demand did not improve substantially. Today, the price of liquid alkali market has been adjusted in individual regions, and the price center of gravity has shifted slightly downwards. From the point of view of price adjustment in various regions, 32% of ionic membrane alkali has partially dropped by 20 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 inventory pressure of chlor-alkali enterprises in Shandong, the main producing area, increased, while the overall downstream demand was weak. Some manufacturers lowered their ex-factory quotations, and the price center of transaction in the local market moved downwards; prices in the surrounding areas mainly fell; market transactions in some areas were poor, although there were local parking devices, but not enough to support prices, and prices fell slightly. The operation of the market in most other regions is stable, the price range has not changed significantly for the time being, demand still does not see a substantial improvement, and most downstream maintain the pace of rigid demand procurement. Most of the upstream production enterprises wait and see to stabilize prices, and some manufacturers adjust their quotations. Today, most of the tablet alkali market maintains the previous level of operation. At the beginning of the week, the ex-factory quotations and market transaction prices in Shandong have not been significantly adjusted, and the markets in other areas have also remained stable. The shipments of merchants in various regions are general, the downstream demand is lukewarm, and the transaction price range is stable for the time being.
Caustic soda futures analysis:Caustic soda SH2409 contract concussion downward, night trading price concussion, early opening price after diving concussion downward, in the afternoon continued to fall to the intraday low, late trading slightly pullback. As of today's close, SH2409 contracts fluctuated in the range of 2374-2455 throughout the day, with a price difference of 81 minus 09 contracts with an increase of 1035 positions and 40158 positions so far.
Caustic soda index analysis:According to Tdd-global data, on August 12, the domestic caustic soda index was 2740.65, down 5.07, or 0.185%, and the domestic caustic soda index fell.
Future forecast of caustic soda:
Spot aspect:At present, the supply side of the caustic soda spot market is recovering, the price of liquid chlorine has risen at the beginning of the week, and the profits of enterprises in Shandong area may have improved. in the early stage, due to the continuous decline in the price of liquid chlorine and poor profits, there are load reduction devices in the early stage. in the later stage, there may be recovery under the improvement of profits, and only a few new maintenance devices will be added in the later stage, and the supply side may be expected to upgrade. From the downstream point of view, the spot price of alumina is high, and the profit of the alumina industry is good. Although the start-up of the whole alumina enterprise is still slowly affected by the tight supply of bauxite, the production enthusiasm of the enterprise is higher under the high profit. There is also a certain rigid demand support for caustic soda, and it is unlikely to depress the price of the caustic soda industry in the short term. It is expected that the short-term caustic soda market may continue to maintain interval consolidation operation.
In terms of futures:Caustic soda SH2409 contract showed a downward trend, today's low is the lowest since August. Short sellers are still active, and in terms of trading, 16% of them are open more than 20.4%, and 20.5% are flat than 17.7%. The technical level shows that the trend of the three tracks of the Bolin belt (13, 13, 2) slows down, the KD line of the daily line shows a dead fork trend, the MACD line shows a golden fork trend but the trend narrows, the price continues to fluctuate up and down the middle rail, and the low point is close to the lower rail position. In the short term, continue to pay attention to the performance near the middle track.
Caustic soda holds the list:
