Analysis of caustic soda futures:SH2501 contract opening price: 2535, highest price: 2619, lowest price: 2535, position: 47812, settlement price: 2577, yesterday settlement price: 2527, up: 50, closing price: 2595, daily trading volume: 179175 lots, precipitated capital: 596 million, capital inflow: 55.39 million.
Market price of caustic soda:
Spot analysis of caustic soda:Today, the price of China's caustic soda market continues to rise, and liquid caustic soda production enterprises adjust their ex-factory quotations, coupled with supply-side support, boosting market quotation confidence; the operation of the tablet caustic soda market is relatively slow, and the price range in most areas maintains the previous level of operation. There is not much supply in the market. Today, the liquid alkali market continues to rise. From the perspective of price adjustment in various regional markets, 32% of the ionic membrane alkali part rose 10-60 yuan / ton, 50% of the ion-exchange membrane alkali rose 30-60 yuan / ton, and the prices of other concentrations of alkali almost remained stable, and the price range has not been significantly adjusted. First of all, the market in the main producing areas was boosted by the expectation of plant maintenance, and the price continued to rise mainly, while the price rise in Shandong led to a rise in the surrounding local prices; the rise in the price of high concentration alkali was mainly supported by the increase in procurement demand downstream. 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 mostly maintains the stable situation. Most of the manufacturers in the main production areas of the upstream production enterprises have raised their ex-factory quotations, while the price adjustment mentality of manufacturers in other areas is relatively cautious. Today, compared with the previous two days, the operation of the tablet alkali market is slightly stable, the market transaction price range in most areas has not changed significantly, and the price center of gravity of individual transactions continues to rise slightly. Enterprises do not have inventory pressure for the time being, and the supply of goods in some areas is affected by transportation obstruction.
Caustic soda futures analysis:Caustic soda SH2501 contract price rose after the opening of night trading, followed by concussion, continued to fluctuate in the morning, fell back after rising to intraday highs, and rose slightly in late afternoon trading. As of today's close, SH2501 contracts fluctuated in the range of 2535-2619 throughout the day, with a price difference of 84. 01 contracts with an increase of 3192 positions and 47812 positions so far.
Caustic soda index analysis:According to Tuduoduo data, China's caustic soda index rose 0.695%, or 20.01%, to 2898.87 on October 11, while China's caustic soda index rose.
Future forecast of caustic soda:
Spot aspect:At present, the price of caustic soda in some areas has reached the highest position of the year, although the Jinjiu market has not been well presented, but after the National Day, it still caught up with the Silver Ten node, and the market in most areas showed an uptick. It is mainly supported by the maintenance of supply-side devices, coupled with the replenishment of downstream and traders after the festival, and the operators also have a certain bullish attitude towards the future. Under multiple actions, prices are boosted. It mainly rose slightly in a row. In the later stage, the equipment in the main production area of liquid alkali is still expected to be overhauled, which still has a certain boost to the market, or at the same time drive the surrounding local prices to rise, and it is expected that the short-term liquid alkali market may continue to rise slightly. At present, there is no inventory pressure in the tablet alkali market, and the transportation in the main producing areas is limited, which supports the market, but after the price rises, the market tends to stabilize gradually, and there is no obvious change on both sides of supply and demand at present, it is expected that the price of tablet alkali may be relatively stable in the short term.
In terms of futures:Caustic soda main SH2501 contract rose again, the market high once broke through the 2600 mark, an increase of nearly 3%, the futures price in the Mandarin index commodities led the rise in the fourth place, related products alumina led the rise in the chemical sector. The bulls dominated the market, but both the bulls and bears left the market to a certain extent. By the end of the afternoon, the closing volume was 22.5% higher than 19.6% open and 20.3% flat more than 21.2%. The technical level shows that the opening of the third track of the Bolin belt (13,13,2) diverges, the upper track goes up rapidly, the KD line at the daily level continues to show a golden fork trend, and the MACD line golden fork trend expands. Although today's futures prices are on the rise, the overall upward pressure is greater, and the short-term caustic soda futures market is concerned about the upward pressure level.
