Analysis of caustic soda futures:SH2501 contract opening price: 2283, highest price: 2298, lowest price: 2251, position: 53286, settlement price: 2278, yesterday settlement: 2294, down: 16, closing price: 2284, daily trading volume: 101781 lots, precipitated capital: 584 million, capital outflow: 11.06 million.
Market price of caustic soda:
Spot analysis of caustic soda:Today, the performance of China's caustic soda market is slightly general, with stable operation in most regions, a slight decline in individual liquid alkali markets, and a cautious wait-and-see in the tablet alkali market. The mentality of the operators at the beginning of the week is cautious, the enthusiasm of entering the market is not high, and the quotation is not active. Today, the liquid alkali market has fallen steadily, and the price range in some regions has moved downwards. From the point of view of the price adjustment in various regions, 32% of the ionic membrane alkali has individually dropped by 5-10 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 downstream demand in Shandong, the main producing area, is lukewarm, the shipping situation of enterprises in some areas is general, and the price is slightly reduced; the receiving situation in the lower reaches of some regions in East China is poor, and the market price center of gravity falls. 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 operation of the tablet alkali market is relatively stable, the quotation of tablet alkali in Shandong has not been significantly adjusted at the beginning of the week, maintaining last week's level, and the local equipment is under maintenance; the price center of gravity of the transaction in each regional market is stable, and the mainstream manufacturers have not bid; traders are cautious in their quotation mentality, and the market is more stable.
Caustic soda futures analysis:Caustic soda SH2501 contract night concussion downward, the late decline is obvious, the opening price in early trading to make up for the decline in night trading, but insufficient momentum to rise, a small decline after a rapid rise, and then concussion operation, afternoon prices rose slightly again to intraday highs after shock. As of today's close, SH2501 contracts fluctuated from 2251 to 2298 throughout the day, with a price difference of 47 and a reduction of 961 positions, with 53286 positions so far.
Caustic soda index analysis:According to Tuduoduo data, China's caustic soda index fell 0.21%, or 0.007%, to 2834.76 on Sept. 23, while China's caustic soda index fell.
Future forecast of caustic soda:
Spot aspect:Recently, the price range of the caustic soda market has been arranged and operated, and the operation of most markets is relatively stable, and the prices in some areas are flexibly adjusted according to the local market and enterprises' own conditions. At present, although a small number of devices are under inspection and repair, the effect of boosting local prices is limited, most of them start relatively normally, the supply of goods is adequate, and there is no favorable support for prices for the time being; downstream, Jinjiu is about to end, but there is no obvious improvement downstream, maintaining the rhythm of lukewarm and rigid demand for replenishment, and the market transaction situation has not significantly improved. The caustic soda market may continue to maintain the current trend, and the probability of obvious change in the relationship between supply and demand in the short term is very small. It is expected that the short-term caustic soda market may continue to run in a range, and the local price may fall slightly.
In terms of futures:Caustic soda main SH2501 contract prices refreshed before low again, today's commodity market is weak, Mandarin commodity index fell, in the overall weak commodity market, caustic soda market is no exception showing a weak market, but late afternoon reversal, afternoon closing caustic soda has become one of the few rising products. At the beginning of the week, the short seller's performance was slightly better, and the trading volume was 16.7% higher than that of 19.4% short, and 19.2% more flat than 19.2% flat. At the technical level, it shows that the three tracks of the Bollinger belt (13,13,2) continue to diverge, the KD line and MACD line at the daily level show a dead fork trend, and the KD line dead fork trend narrows slightly. After the futures price three consecutive breaks down the track, the lower rail support level appears, today the disk is running above the lower rail, and the late afternoon market appears upward, but due to time constraints, the rebound market did not get a very good performance, the short-term focus on the lower rail support level.
Caustic soda holds the list:
