Caustic soda: Liquid caustic soda market trends vary, 50 caustic soda is partially raised, and the main contract has risen by nearly 3% to around 2730(December 20, 2024)
Caustic soda futures analysis: On December 20, the opening price of SH2505 contract was 2695, the highest price was 2732, the lowest price was 2682, the position was 71442, the settlement price was 2710, the settlement price was 2691 yesterday, the increase was 19, the closing price was 2716, the daily trading volume was 73935 lots, the deposited funds were 931 million, and the capital inflow was 102 million.
Caustic soda market price:
Caustic soda spot analysis: Today, the caustic soda market showed a differentiated trend, the liquid caustic soda market rose and fell, the low-concentration caustic soda was individually lowered, but the high-concentration caustic soda rose, and the flake caustic soda market remained relatively stable. From the perspective of regional market price adjustments, the low-end price of 32% ion membrane alkali in some regions fell by 50 yuan/ton, the price of 50% ion membrane alkali in some regions rose by 10-20 yuan/ton, the market price of 99% flake alkali remained stable, and the price range of other concentrations of alkali did not show significant changes. Specifically, the low-end price of low-concentration alkali in some regions was lowered. Affected by the decline in Shandong region in the previous week, the mentality of the market operators was weak, and the market prices in most other regions were stable; there was an increase in high-concentration alkali, and 50% ion membrane alkali signed a new large order. The shipment of some manufacturers in the region was tight. Under this support, the market price in the region was slightly raised. There was no significant fluctuation in the supply and demand sides in other regions. The market price remained stable and downstream operators were cautious to wait and see. Today, the market price of flake alkali remained stable, and the supply side remained relatively stable. The delivery speed in some regions was slow and the logistics was blocked. The supply of some manufacturers was tight, which provided some support to the market price. However, as the weekend approached, the market operators were cautious and wait-and-see, and the enthusiasm for market operation was slightly weakened.
Analysis of caustic soda futures: The night trading price of caustic soda SH2505 contract fluctuated upward, rose to the intraday high and then fell back; the morning trading price fluctuated downward and gradually rebounded; the afternoon trading fluctuated upward, and fell slightly in the late trading. As of today's afternoon closing, the SH2505 contract fluctuated between 2682-2732 throughout the day, with a price difference of 50, and the 05 contract increased by 7205 lots, and the current position was 71442 lots.
Analysis of caustic soda index: According to Tuduoduo data, the domestic caustic soda index was 3051.82 on December 20, up 5.78, a range of 0.19%, and the domestic caustic soda index rose.
Forecast of caustic soda market:
Spot: At present, the liquid caustic soda market has a differentiation of rise and fall, and the trends of low-concentration caustic soda and high-concentration caustic soda are different. There is no obvious change in the price range of other concentration caustic soda. Most chlor-alkali enterprises maintain normal operation, and the supply in the market is relatively sufficient, but the downstream enthusiasm for receiving goods is poor, and some manufacturers still have inventory pressure. Considering the significant decline in the main production areas in the previous week, the mentality of the market players is unstable and they are cautiously waiting to enter the market. With the recent signing of large orders for 50% liquid caustic soda, the inventory pressure of some manufacturers has been released, which has a certain positive boost to the market atmosphere. It is expected that the liquid caustic soda market will be mainly in a narrow range of consolidation in the short term. The flake caustic soda market is running steadily. Most manufacturers' new order quotations remain stable this week, and the actual transaction price fluctuates slightly. The market transaction is tepid, but a few areas are tight on delivery, which has a certain support for the market price. Considering that the downstream operators are not very active in entering the market as the weekend approaches, it is expected that the flake caustic soda market will be stable in the short term, and the momentum for continued upward movement is limited.
