Analysis of the latest market market market market market

1. The biggest changes in the current ping -alkali market compared to the earliest changes in the early stage? (The market is presented in a staged recovery, and the spot market quotation is stable and small)

Answer: As the spot continued to fall in October, after the decline reached 1,000 yuan, the decline in November slowed down and the price was relatively strong. The speed of the industry's accumulation of libraries has slowed down this week. Among them, heavy alkali has recently slowed down, and it is still at a low level.

2. How do you think of this change in the pure alkali market, in your opinion, the foundation of the spot market is? What are the changes in the market mentality?

Answer: With the end of the maintenance period, coupled with the new output, the supply rebounded rapidly in October, the weekly output rose to a high level of more than 700,000 tons, the inventory continued to accumulate, the spot continued to fall Low, and recent Qinghai environmental protection incidents have continued to ferment, salt lakes, Kunlun, and investment restrictions, coupled with the short stops of red Sifang and Henan Junhua, the weekly output declined, and the spot has fallen sharply. Library, the number of enterprises has increased, the inventory of individual enterprises is low, and the goods are tight.

3. At present, the downstream market is still needed. What are the specific performances? How to think of the support of the glass market recently to support the upstream raw materials?

Answer: After the upstream solid alkali price declines, the profit of the floating glass has maintained a high level, and the capacity of the production capacity is high. The daily melting of photovoltaic glass still increases. The melting increase from 80,000 tons at the beginning of the year to 95,600 tons. Demonstration is strongly supported. After the spot of pure alkali has fallen, the glass profits have improved, and the raw material inventory of the glass factory has a low inventory. The willingness to accept the spot after the price increase has increased. Recently, the purchase of emotions will be repaired. It is still a small number of frequent replenishment.

4. At present, the main contradictions in the pure alkali market are reflected in, the key factor in leading the later trend is (the supply side or the demand side)?

Answer: In the short term, the heavy alkali inventory is still at a lower level, the local procurement is tight, and the recovery of the supply is still uncertain, or it is still a upward -to -base barrier. However, there are also large risks. The current contradictions of the high basal difference are significantly relieved. Once the signal of recovery appears, the trading logic or rapid transformation of the surface of the market.

5. In your opinion, what kind of variables are there in the later period of the soda market? How should I grasp it?

Answer: In the later period, focusing on the supply side, when the alkaline factories in Qinghai resume operation, the feeding time of the far -reaching third line. In the process of narrowing the price difference during the early stage, the import volume increased significantly, and as the inner market fell, whether the situation would be reversed, it also needed to pay more attention. The current downstream raw material inventory is low, and it is necessary to pay attention to when the downstream downstream is willing to make up the library.

Article Source: Guotou Anxin Futures