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The price of liquid alkali purchased by alumina companies in Shandong has been raised, and the market has fluctuated.
131,908
July 15, 2024
On July 16, the caustic soda futures SH2405 contract opened at 2558, with a settlement price of 2551, down 25 points to close at 2572. The daily trading volume was 85292 lots, with a deposit of 658 million yuan, and a capital inflow of 8.23 million yuan. The domestic caustic soda market rose sporadically, and the trading atmosphere was general. Due to the increase in purchase prices of downstream alumina companies in Shandong, the center of gravity of liquid caustic soda prices shifted upward, and markets in other regions were mostly stable and wait-and-see. The alkali market is stable and transactions are average. In terms of futures, the SH2409 contract showed a "U"-shaped trend and rebounded after reaching a new low. Technical indicators showed that the futures price was still tilted downward, and the market was concerned about the low range test.
133,716
July 16, 2024
The market was low and volatile, the spot market's wait-and-see sentiment increased, and prices stabilized.
130,869
July 17, 2024
On July 19, the caustic soda futures SH2405 contract opened at 2553 yuan, with a settlement price of 2547 yuan, down 6 yuan to close at 2558 yuan, with a daily trading volume of 45710 lots, with accumulated funds of 710 million yuan, and capital inflows of 53.46 million yuan. The domestic caustic soda market has a strong wait-and-see atmosphere, stable prices, average trading in the liquid caustic soda market, and stable operation of the flake caustic soda market. In terms of futures, the SH2409 contract fluctuated downward, fluctuating by 2,534 - 2,561 yuan within the day, and the number of positions increased. The domestic caustic soda index was flat at 2,807.24. The market expects that short-term caustic soda prices will continue to adjust flexibly, and futures will operate in a weak position to test the low range.
136,807
July 19, 2024
Spot prices partially fell, futures prices gapped lower and opened lower to break previous lows, and bears entered the market significantly
128,368
July 22, 2024
The price of high-concentration alkali has been lowered, and the futures price continues to break through the track and decline.
123,656
July 23, 2024
Futures prices fluctuated upwards, returning to the lower track and above, and spot prices fell sporadically
124,451
July 24, 2024
The spot market stabilizes prices and waits, liquid chlorine prices subsidizes, and futures prices achieve three consecutive rises
114,413
July 26, 2024
The 09 contract price hit a new low on the market, and the spot price was slightly adjusted, and prices were mixed.
99,719
July 30, 2024
Futures prices rebounded, commodity sentiment was high, and the spot market adjusted flexibly
93,858
July 31, 2024