【持仓分析】东证期货烧碱净空头持仓连续第3日增加！

Group 1 - The core point of the article indicates that the net positions of the top 20 futures companies for caustic soda decreased by 4,200 contracts compared to the previous day, with a net position of -23,716 contracts as of December 25, 2025 [1][3][9] - The total long positions held by the top 20 companies amounted to 165,700 contracts, while the total short positions were 189,400 contracts, resulting in a long-to-short ratio of 0.87 [1][3] - A moderate positive correlation of 0.68 exists between price and net position data over the past two years, indicating that both metrics tend to move in the same direction [2][3] Group 2 - In terms of institutional movements, Dongfang Caifu Futures leads the net long positions with 4,231 contracts, having increased its net long position by 512 contracts, although it reported a loss of 31,719.27 million yuan over the past year [5][10] - On the other hand, Dongzheng Futures holds the highest net short position at 9,976 contracts, increasing its net short position by 2,226 contracts, with a profit of 15,004.49 million yuan over the last year [5][10] - The top three net long positions also include Yinhai Futures with 3,204 contracts and Zhongtai Futures with 2,848 contracts, while the top three net short positions include Citic Futures with 6,708 contracts and Huatai Futures with 3,965 contracts [6][10]