Caustic soda: The downstream purchase price was lowered again, and the futures price hit a new low in the month（December 13, 2024）
Caustic soda futures analysis: SH2501 contract opening price on December 13: 2495, highest price: 2498, lowest price: 2433, position: 37145, settlement price: 2470, yesterday's settlement: 2511, drop: 41, closing price: 2435, day Trading volume: 57,075 lots, deposited funds: 434 million, capital outflow: 54.21 million.
Caustic soda market price:
Caustic soda spot analysis: Today the caustic soda market is stable with small movements. The liquid alkali market price is stable with a slight decline. The market price in some areas continues to fall. The flake alkali market price remains stable overall. Judging from the market price adjustments in various regions, the price of 32% ion membrane alkali fell by 20-30 yuan/ton in some areas, the price of 50% ion membrane alkali fell by 10-40 yuan/ton individually, and the market price of 99% flake alkali maintained stable operation. There was no significant change in the price range of concentrated alkali.Today, the market price of liquid alkali is stable and declining, with no obvious price fluctuations in most regions; there is a decline in Shandong, where the main alumina plants have lowered their purchase prices. In addition, non-aluminum downstream demand continues to be weak, with 32% ion membrane alkali and 50% Both ion membrane alkali prices fell; the Hebei region consolidated weakly, and the downstream enthusiasm for receiving goods was poor. In addition, under the influence of the decline in Shandong region, the mentality of the market players was weak, and the market price fell within a narrow range. Today, the market price of caustic soda remains stable, and the supply side remains relatively stable. The delivery speed in some areas is slow and due to logistics obstruction, there is some support for the market price due to the tight supply of circulating goods in the market. However, as the weekend approaches, industry players in the market are cautious to wait and see. The mood is strong and the enthusiasm for entering the market has weakened slightly.
Analysis of caustic soda futures: The caustic soda SH2501 contract fluctuated downwards at the opening of the night, rebounded slightly in late trading, but the rebound was limited; the market continued to fluctuate downwards in the morning; the post price fluctuated and consolidated in the afternoon, and fell to the intraday low in late trading, setting a new low for the month. As of today's afternoon close, the SH2501 contract has fluctuated in a range of 2433-2498 throughout the day, with a price difference of 65, and the 01 contract has reduced its position by 3438 lots, with 37145 positions held so far.
Analysis of caustic soda index: According to Tu Duoduo's data calculation, the domestic caustic soda index was 3182.98 on December 13, down 9.88, or 0.310%. The domestic caustic soda index fell.
Caustic soda market outlook forecast:Spot: At present, the market price of liquid alkali is stable and fluctuates slightly, and the market price in some areas continues to decline; on-site supply remains relatively stable. Affected by weak demand, some companies are under pressure to store and export, and the main alumina plant announces the purchase price of liquid alkali. The reduction of 20 yuan/ton will have a negative impact on the liquid alkali market. Downstream and traders are cautious. The liquid alkali market is expected to be stable in the short term, and there are still downward expectations.The caustic soda market prices have maintained stable operation. Most manufacturers' new order quotations have remained stable this week. The actual transaction prices have not fluctuated much. Market transactions have been tepid. However, logistics obstructions in some areas still exist, resulting in a tight supply of circulating goods in the market, which has a negative impact on the market. There is some support for the price. Considering that the enthusiasm of downstream players to enter the market is not high as the weekend approaches, and the cautious wait-and-see sentiment on the market remains unchanged, it is expected that the short-term caustic soda market will mainly consolidate within a narrow range, with limited fluctuations. Pay attention to the market transactions.
