Analysis of caustic soda futures:SH2501 contract opening price: 2344, highest price: 2410, lowest price: 2317, position: 41761, settlement price: 2363, yesterday settlement price: 2305, up: 58, closing price: 2351, daily trading volume: 162774 lots, precipitated capital: 471 million, capital outflow: 41.87 million.
Market price of caustic soda:
Spot analysis of caustic soda:Today, China's caustic soda market as a whole has not seen obvious fluctuations, sorting out within the price range of individual regions, downstream and traders mainly wait and see the market, and the mentality of price adjustment is more cautious. There is no obvious change in the market transaction atmosphere, most of them maintain the lukewarm state in the early stage, and the supply and demand sides maintain the game situation. Today, the trend of the liquid alkali market is large and stable, and the mainstream prices in some regions have moved up slightly, but the price range has not changed significantly. Market prices in most regions have remained stable. From the point of view of price adjustment in various regions, 32% of ionic membrane alkali has individually increased by 5 yuan per ton, while the prices of other concentrations of alkali have almost remained stable, and the price range has not been significantly adjusted. Market prices in some regions of South China have risen slightly, mainly due to the local downstream receiving situation, and the local supply is relatively tight. Although there is pre-holiday stock in the lower reaches of individual areas, the overall demand does not change much and prices remain stable. 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 trend of the tablet alkali market is stable, and the quotations of manufacturers in the northwest region have been announced one after another, mostly in stable operation, enterprise shipments are relatively stable, and the price center of gravity of transaction prices in each regional market has not changed much. Downstream more to maintain the rhythm of rigid demand replenishment operation, part of the stock situation, transactions have improved to a certain extent, but the market mentality is still more cautious, prices temporarily stable operation.
Caustic soda futures analysis:Caustic soda SH2501 contract night concussion operation, after the opening of early trading, futures prices rose to intraday highs after falling shock, afternoon after a small decline again. As of today's close, SH2501 contracts fluctuated in the range of 2317-2410 throughout the day, with a price difference of 93 minus 01 contracts to reduce positions by 3885 positions and 41761 positions so far.
Caustic soda index analysis:According to Tuduoduo data, China's caustic soda index rose 0.55%, or 0.019%, to 2838.06 on September 25, while China's caustic soda index rose.
Future forecast of caustic soda:
Spot aspect:In recent days, the upward price of futures has not played a leading role in the spot market, and the correlation between the two cities is still not great. On the supply side, the supply of goods in the market is sufficient, and there is no favorable support for the price for the time being; there is a certain pre-holiday stock in the lower reaches, and the local transaction is slightly improved, but the stock volume is not large, the overall demand improvement is not obvious, and the price support is limited to stable operation. At present, the market mainly adjusts prices flexibly according to the local market and enterprises' own conditions, and there is no bright spot in the fundamentals for the time being, and there is a lack of support for prices. It is expected that the price of caustic soda will remain stable in the short term.
In terms of futures:Caustic soda main SH2501 contract prices rose to a weekly high after some decline, macro policy news consumption, futures prices continue to rise without sufficient support. Both sides of the long and short positions in the court showed some departure behavior, and the trading volume was 17.7% higher than that of 18.6% open, 19.8% flat and 20.8% more flat. The technical level shows that the opening of the three tracks of the Bolin belt (13, 13, 2) is downward, the KD line at the daily line level shows a golden fork trend, and the MACD line dead fork trend continues to narrow. The futures price closed at the positive pillar with a long shadow line throughout the day, there is still some pressure for the price to continue to rise, there is support for the downside, and the short-term focus is on the mid-rail pressure level.
Caustic soda holds the list:
