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Caustic soda: Spot prices have been adjusted sporadically, the market has been cautious and wait and see, and futures prices have been reduced and downward

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September 9, 2024, 4:25 PM


Analysis of caustic soda futures:SH2501 contract opening price: 2579, highest price: 2583, lowest price: 2471, position: 42832, settlement price: 2528, yesterday settlement: 2552, down: 24, closing price: 2502, daily trading volume: 150882 lots, precipitated capital: 514 million, capital outflow: 106 million.

Market price of caustic soda:

Spot analysis of caustic soda:Today, the operation of China's caustic soda market is stable at the beginning of the week, the market performance in most regions is cautious, prices are mostly stable, and prices in some areas are adjusted sporadically. There is little change in the trading atmosphere in the market, and most of the people at the beginning of the week wait and see the market, and their enthusiasm for price adjustment is not high. Today, the liquid alkali market has moved steadily, individual prices have been adjusted, prices in most areas have maintained last week's levels, and supply and demand in various regions have been basically stable. from the perspective of regional market price adjustment, 32% of ionic membrane alkali rose 20-30 yuan / ton, 50% ionic membrane alkali increased 100 yuan / ton, the price of other concentration alkali almost remained stable, and the price range has not been significantly adjusted. The operation of the market in most areas is stable, the load of local enterprises is increased, the supply of goods is increased, most of the devices are stable, and the supply side of each region is sufficient. Downstream demand remains tepid and there is no substantial increase in demand. The upstream production enterprises individually adjust the ex-factory quotations, and most of them wait and see for stable prices. Today, the trend of the tablet alkali market also maintains the previous level, the market transaction price is stable in most areas, and the shipping situation of enterprises is relatively flexible. Most of the factory devices are stable, individual devices are unstable, the market operators are more cautious, the merchants' price adjustment mentality is relatively cautious, and the regional market prices remain stable.

Caustic soda futures analysis:Caustic soda SH2501 contract downward, the night market concussion, after the opening of the morning price slightly dived, and then during the day concussion downward, late afternoon there was a small rebound. As of today's close, SH2501 contracts fluctuated in the range of 2471-2583 throughout the day, with a price difference of 112 minus 01 contracts to reduce positions by 7244 hands, with 42832 positions so far.

Caustic soda index analysis:According to Tuduoduo data, China's caustic soda index rose by 0.092% to 2819.66 on Sept. 9, while China's caustic soda index rose.

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Future forecast of caustic soda:

Spot aspect:Most of the caustic soda units in the supply side operate stably, the supply supply is relatively sufficient, and the performance of the supply side is not obviously good for the market for the time being; although there is a slight recovery in downstream demand, the overall demand recovery is relatively not obvious, and there is still no substantial improvement on the demand side at present. in particular, there is no obvious increase in large orders, and the caustic soda market is supported by rigid demand. From the perspective of market mentality, caustic soda enterprises in some areas have a certain state of mind. Overall, it is expected that short-term caustic soda prices may continue to rise slightly regionally.

In terms of futures:Caustic soda main SH2501 contract all-day downward, intraday low fell below the middle track, disk reduction operation, long and short parties have varying degrees of closing and leaving, disk transaction situation: 13.9% more than empty 18.9%, 20.6% flat compared with more than 21%. The technical level shows that the three tracks of the Bolin belt (13, 13, 2) are smooth, the KD line at the daily line level shows a dead fork trend, and the MACD line gold fork trend continues to narrow. The futures price closed all day in the long shadow line of the negative column, below there is a certain support, short-term attention to the performance near the middle track.

Caustic soda holds the list:

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