Caustic soda: The price of caustic soda rose individually, and the market increased significantly by more than 10,000 lots

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September 6, 2024, 4:59 PM


Analysis of caustic soda futures: On September 6, the opening price of the SH2501 contract: 2528, the highest price: 2598, the lowest price: 2513, the position: 50076, the settlement price: 2552, yesterday's settlement: 2513, the increase: 39, the closing price: 2583, the daily trading volume: 162959 lots, the accumulated capital: 621 million, and the capital inflow: 160 million.

Market price of caustic soda:

Spot analysis of caustic soda: The overall operation of China's caustic soda market today is relatively stable, and prices in various regions are not much different from yesterday. The liquid caustic soda market is mostly stable and wait-and-see. The transaction prices in the caustic soda market have increased slightly. The market wait-and-see sentiment has increased near the weekend, and the enthusiasm of operators to enter the market is low. Today, the trend of the liquid alkali market is stable, the market transaction atmosphere has not changed much, and the supply and demand situation in various regions is basically stable. Judging from the price adjustment of various regional markets, the prices of alkali at various concentrations such as 32% ionic membrane alkali and 50% ionic membrane alkali have almost remained stable, and the price range has not been significantly adjusted. The shipment situation of enterprises in Shandong, the main producing area, is relatively stable. The pressure on enterprises 'inventory is not great, the downstream receiving situation is acceptable, and prices are operating stably. The market in most other regions is operating stably. The supply and demand situation has not changed much, and the price range has not changed significantly. Upstream production companies individually adjusted their ex-factory quotations, and most of them stabilized prices and waited and saw. Today, the alkali market has stabilized and moved slightly. The center of market transaction prices in most regions is stable, and prices in some regions have increased slightly. The market in Inner Mongolia is relatively stable, and most devices are operating stably; the pre-sales of individual manufacturers in Xinjiang are still good, and transaction prices have increased. Markets in other regions have not changed much, market transactions have been lukewarm, merchants have a relatively cautious attitude in price adjustment, and there has been no significant adjustment in prices.

Analysis of caustic soda futures: The caustic soda SH2501 contract fluctuated first and then rose. The prices of night and morning trading mostly fluctuated, and there was a relatively obvious rise in the afternoon trading. As of today's close, the SH2501 contract fluctuates throughout the day from 2513 to 2598, with a spread of 85.01 contracts adding 12069 lots, and so far, 50076 lots have been held.

Caustic soda index analysis:According to Tu Duoduo's data, China's caustic soda index on September 6 was 2,817.06, an increase of 0%, and China's caustic soda index was stable.

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Forecast for caustic soda market outlook:

In terms of spot:At present, the good news in the caustic soda market is not obvious for the time being, and the reaction from entering the Jinjiu market is not significant. Most units on the supply side are operating stably, and the supply in some areas has increased slightly. The market supply in most areas is relatively sufficient, which is not good for the market. From the perspective of downstream demand, the start-up of the main downstream alumina companies has not changed much, and the purchase of caustic soda still has rigid support. Demand for non-aluminum industries has increased, but large orders have not yet seen a significant increase. Overall, short-term market or regional adjustments are expected, focusing on the recovery of demand.

List of caustic soda positions:

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