Analysis of caustic soda futures:SH2501 contract opening price: 2338, highest price: 2345, lowest price: 2265, position: 54247, settlement price: 2294, yesterday settlement: 2327, down: 33, closing price: 2286, daily trading volume: 168170 lots, precipitated capital: 595 million, capital inflow: 55.65 million.
Market price of caustic soda:
Spot analysis of caustic soda:Today, China's caustic soda market moves steadily, the price ranges of individual regions are sorted out, and most markets maintain a stable situation. Near the weekend, the operators' mentality is more cautious and the enthusiasm of entering the market is not high. Today, the center of gravity of individual prices in the liquid alkali market has moved slightly upward, and most price ranges have remained stable. From the point of view of price adjustment in various regions, 32% of ionic membrane alkali has individually increased by 10 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 situation of receiving goods downstream of individual regions in North China is OK, which supports the local market, and the barycenter of transaction price moves slightly upward. There is no obvious change on both sides of supply and demand in other areas, and the market trading atmosphere mostly maintains the previous level, and the price adjustment is lack of motivation. Most of the upstream production enterprises wait and see to stabilize the price, the mentality of price adjustment is more cautious, and a few manufacturers adjust their quotations slightly. Today, the tablet alkali market has not changed much, and the enterprise shipping situation has been maintained in the early stage, and the transaction is more flexible; most of the devices are stable, and individual devices are stopped for maintenance today, but the market support is not obvious. On the whole, the willingness of the market to adjust prices is not high near the weekend, and prices are more stable.
Caustic soda futures analysis:Caustic soda SH2501 contract continues to decline weakly. Night futures prices fell slightly, early trading opened late prices quickly after the low concussion operation, afternoon prices rebounded slightly, but the rebound is not strong enough, it once again presents a downward market. As of today's close, SH2501 contracts fluctuated in the range of 2265-2345 throughout the day, with a price difference of 80 points and an increase of 6165 positions, with 54247 positions so far.
Caustic soda index analysis:According to Tudoduo data, China's caustic soda index rose 3.84%, or 0.136%, to 2834.97 on Sept. 20, while China's caustic soda index rose.
Future forecast of caustic soda:
Spot aspect:At present, the spot market is lacklustre, the supply and demand level is not clearly guided, the supply on the market is sufficient, the new maintenance devices are very few, and the supply side is relatively bad, while from the demand side, although the downstream demand has a rigid demand follow-up, but the overall large order is still lacking, and it is only a rigid demand support to the market, but near the National Day short holiday, there may be a certain stock demand downstream, coupled with the limited transportation of dangerous chemicals during the National Day, or there may be some support for the market. From a mentality point of view, the recent market price range collation and operation, and supply and demand in the face of the market is not significantly boosted, manufacturers and traders price adjustment mentality is not active, mainly wait and see the market. On the whole, it is expected that the short-term caustic soda market or flexible adjustment, pay attention to the downstream stock situation.
In terms of futures:Caustic soda main SH2501 contract continues to decline, today in the case of most commodities red, caustic soda is still in the second place. It is particularly obvious for short sellers to enter the market, but some of the positions have been closed and left in the afternoon, and the market turnover is 16.7% higher than that of short positions, 22.9% higher than that of short positions, and 19.2% more flat than 18%. At the technical level, it shows that the three tracks of the Bollinger belt (13, 13, 2) continue to diverge, the KD line at the daily level shows a dead fork trend, and the MACD line also shows a dead fork trend and expands. As of today, futures prices have broken down three times in a row, hitting a new low of 2265 since caustic soda futures were listed today. In the short term, bears still dominate, and futures prices may continue to test the low range.
Caustic soda holds the list:
