Analysis of caustic soda futures: On October 12, the SH2501 contract will be closed on Saturday.
Market price of caustic soda:
Spot analysis of caustic soda: Today, China's caustic soda market has seen a slight regional rise. The price of liquid caustic soda has increased by 20-40 yuan/ton. The price of flake caustic soda has increased sporadically. In some regions, the enthusiasm of industry operators to enter the market is still good. As the weekend approaches, most industry operators are relatively cautious and focus on watching the market. Today, the market price of liquid alkali continued to increase slightly, and the market transaction atmosphere performed well. From the perspective of market price adjustments in various regions, 32% ionic membrane alkali increased by 20-30 yuan/ton, and 49% ionic membrane alkali increased by 20-40 yuan/ton, the prices of alkali at other concentrations remained almost stable, and the price range showed no significant adjustment. First, the main downstream alumina companies in Shandong, the main producing area, raised the purchase price of liquid soda. The current quotation is 815 yuan/ton, which supports the production companies to increase their ex-factory quotations. After the ex-factory quotation is increased, the market price range in the local and surrounding areas will follow up; There is a maintenance situation for equipment in some areas, which provides certain support for the local market, and prices will increase slightly. Most manufacturers in the main production areas of upstream production companies have raised their ex-factory quotations, while production companies in other regions have been relatively cautious in price adjustment. Traders 'quotations in the alkali market today followed the market. The enthusiasm of traders to participate in the market has slowed down relatively near the weekend. Prices in most regions have been stable, and prices in some regions have been flexibly adjusted. Manufacturers have no inventory pressure, transportation in some areas is still blocked, and the circulation of goods is not efficient. Overall, the caustic soda market has shown regional changes.
Analysis of caustic soda futures: On October 12, the SH2501 contract will be closed on Saturday.
Caustic soda index analysis:According to Tdd-global's data, China's caustic soda index on October 12 was 2910.7, up 11.82, or 0.408%. China's caustic soda index rose.
Forecast for caustic soda market outlook:
In terms of spot:The liquid soda market has continued to have good news recently, and the overall market is moving upwards. In addition to the positive boost brought by the current expected reduction in supply side equipment maintenance, the increase in the purchase price of liquid soda by the main downstream alumina companies in Shandong has injected new vitality into the market. The ex-factory quotations of production companies and market prices have both shown a continuous slight increase. The overall favorable factors in the market dominate the market trend, and it is expected that the liquid soda market may continue to rise in the short term. After the price increase for new orders in the caustic soda market this week, transaction prices in various regional markets have followed the increase. The sentiment of the operators is high. Manufacturers in the main producing areas have no inventory pressure. In addition, transportation is limited in some areas and the circulation of goods is not smooth, which has support for the market. It is expected that the market trend of the caustic soda market will still perform well in the short term.
List of caustic soda positions:
On October 12, the SH2501 contract will be closed on Saturday.
