< img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2433975083660159&ev=PageView&noscript=1" />

Caustic soda: Futures fell significantly during the day, with a negative cross star on the market, and spot prices were mixed locally

86,656
September 25, 2023, 3:53 PM


Caustic soda futures analysis:    September 25th SH2405 contract opening price: 3078, the highest price: 3094, the lowest price: 2930, the spread: 164, the position: 53987, the increase: 2977, the settlement price: 3001, yesterday's settlement: 3078, down: 68, the closing price: 2945, the daily trading volume: 323538 hands, the precipitated capital: 859 million, the capital inflow: 12.91 million.

 

Market price of caustic soda:

Summary of market price of caustic soda (unit: yuan / ton)

Specifications

Market

September twenty _ second

September twenty _ fifth

Rise and fall

Remarks

32% ionic membrane alkali

Northeast China

1170-1400

1170-1400

0/0

Ex-factory price

Northwest

912-944

912-944

0/0

Ex-factory price

North China

980-1080

980-1080

0/0

-

Hebei

1060-1080

1060-1080

0/0

Ex-factory price

South China

1100-1300

1100-1300

0/0

Can price

Shandong

950-1030

950-1030

0/0

Current exchange rate

Zhejiang

1100-1130

1150-1180

50/50

-

Jiangsu Province

1000-1020

1000-1020

0/0

Delivery price

Tianjin

3200-3400

3200-3400

0/0

A discount of 100%

Anhui Province

900-920

900-920

0/0

Ex-factory price

Henan

2700-3300

2700-3300

0/0

A discount of 100%

50% ionic membrane alkali

North China

1660-1750

1630-1750

-30/0

Ex-factory price

Hebei

1700-1750

1700-1750

0/0

Ex-factory price

Shandong

1670-1700

1650-1700

-20/0

Current exchange rate

Tianjin

3520-3600

3520-3600

0/0

A discount of 100%

Southwest

3550-3650

3550-3650

0/0

A discount of 100%

99% tablet alkali

Northwest

3200-3450

3200-3450

0/0

Ex-factory price

Shandong

3550-3650

3550-3650

0/0

Ex-factory price

45% ionic membrane alkali

Northeast China

1680-1750

1680-1750

0/0

Ex-factory price

49% ionic membrane alkali

Jiangsu Province

1580-1600

1580-1600

0/0

Ex-factory price

30% ionic membrane alkali

Southwest

1000-1060

1000-1060

0/0

-

48% ionic membrane alkali

Henan

3200-3500

3200-3500

0/0

A discount of 100%

 

Caustic soda spot analysis:       today, the overall trend of China's caustic soda market is stable and small, local prices are adjusted slightly, prices rise and fall mutually, there are certain differences in supply and demand, most operators hold a wait-and-see mentality, and the operation of entering the market is more cautious. Today, there are certain differences in the trend of the liquid alkali market, prices rise and fall each other, the market mentality is different, the prices in some areas are adjusted slightly, and the markets in most regions are relatively stable. from the perspective of regional market price adjustment, 32% ionic membrane alkali rose 50 yuan / ton in individual areas, 50% ionic membrane alkali fell 20-30 yuan / ton in individual areas, and the prices of other concentrations of alkali remained stable, and the price range has not been significantly adjusted. Affected by the local large-scale activities, the start-up load of chlor-alkali plant is reduced, the market supply is reduced, and the transportation is also affected, the support to the local liquid alkali price is more obvious, and the market transaction price center of gravity moves upward; the price of high concentration alkali in some areas is slightly down, which is mainly due to the limited enthusiasm of the downstream to receive goods with high prices, manufacturers lower factory quotations, and the local market price center of gravity also moves down accordingly. The overall trend of the market in other regions is relatively stable, the supply and demand side has not changed much, the industry is mainly watching the market, and the price has not fluctuated obviously. A small number of upstream manufacturers adjust their quotations, and the price adjustment direction is different. Today, the transaction situation in the tablet alkali market is general, the price of tablet alkali in each region continues to be mainly sorted out, the market transaction price in individual regions has dropped slightly, most of the sheet alkali devices have started stable, the supply side is normal, and the manufacturers' pre-sale situation is normal. Downstream alumina is purchased in individual areas, which has a certain support for local transaction prices, the market trend in most areas is relatively stable, and the mentality as a whole is more cautious.

 

Caustic soda futures analysis: & the overall downward trend of the nbsp; SH2405 contract throughout the day is obvious. The opening price of night trading jumped short, opened slightly up to the highest level of the day, and then began to wobble downwards, and then dived in late trading. Today, the futures price maintained a trend of weak volatility, and the price fell to 2930, the lowest point of the day, near the end of the day. Today's turnover: 19.2% more, 21.1% empty; 20.5% more than flat 21.3%.

 

Caustic soda index analysis: according to Tdd-global data, China's caustic soda index was 3042.5 on September 25, up 3.97%, or 0.131%. China's caustic soda index rose.

 

 

Caustic soda late forecast:     futures SH2405 contract showed a sharp decline throughout the day, short intervention is obvious, giving up last week's gains, disk activity is not as good as the previous period, pre-festival fundamentals can not bring obvious support to the futures price. Spot aspect, began to enter double short holiday this week, downstream and trader stock basically finished, at present almost continue to maintain rigid demand procurement, increased wait-and-see mood in the market, coupled with a decline in liquid alkali prices in some areas, further aggravated the market wait-and-see mentality, while on the supply side, the starting load of chlor-alkali enterprises is relatively high and relatively stable, and the plant load in some areas has decreased due to local large-scale activities. The overall supply in other regions is relatively sufficient, as a whole, the pre-festival fundamentals or market support is relatively limited. From the market point of view, individual regional prices have fallen, increasing the wait-and-see mood of the market, it is expected that the short-term caustic soda market or narrow finishing, the probability of a large market is very small.

 

Market price of liquid chlorine:

Summary of market price (unit: yuan / ton)

Area

September twenty _ second

September twenty _ fifth

Rise and fall

Remarks

Northeast China

200-400

200-400

0/0

Tank car quotation

Shandong province

300-500

300-500

0/0

Tank car quotation

Zhejiang Province

500-600

500-600

0/0

Tank car quotation

East China region

200-300

200-300

0/0

Tank car quotation

Southwest China

400-600

400-600

0/0

Tank car quotation

Central China

350-450

350-450

0/0

Tank car quotation

Inner Mongolia

400-600

400-600

0/0

Tank car quotation

Anhui province

100-300

100-300

0/0

Tank car quotation

Hebei Province

300-400

300-400

0/0

Tank car quotation

 

Liquid chlorine index analysis:    according to Tuduoduo data, on September 25, China's liquid chlorine spot index was 388.89, up 0%, 0%, China's liquid chlorine index is stable.

 

 

Caustic soda holding the list: