烧碱数据日报-20251017

Industry Investment Rating - Not provided Core View - The domestic liquid caustic soda market has mixed transaction adjustments today. Prices in many regions remain stable. The prices of 32% liquid caustic soda in Shandong and Hebei are rising steadily, while those in Henan, Anhui, and Chongqing are falling steadily. The mainstream transaction price of 32% ion - exchange membrane caustic soda in Shandong is 780 - 890 yuan/ton, and the procurement price of a large local alumina factory is 740 yuan/ton. The mainstream transaction price of 50% ion - exchange membrane caustic soda in Shandong is 1280 - 1380 yuan/ton, remaining stable compared to the previous working day's average price. Traders are advised to continue to wait and see as the long - short game is intense. [1] Summary by Relevant Catalogs Market Price - Raw Salt: The prices in Shandong, Jiangsu, and Northwest regions are 200 yuan, 260 yuan, and 200 yuan respectively, remaining unchanged from the previous day [1] - Calcium Carbide: The prices in Shandong and Inner Mongolia are 2830 yuan and 2425 yuan respectively, remaining unchanged [1] - Liquid Chlorine: The prices in Shandong, Jiangsu, and Northwest C are 50 yuan, 81 yuan, and - 50 yuan respectively. The price in Northwest C increased by 50 yuan [1] - 32% Liquid Caustic Soda: The prices in Shandong, Jiangsu, and other regions remain unchanged. The mainstream transaction price in Shandong is 780 - 890 yuan/ton [1] - 50% Liquid Caustic Soda: The prices in Shandong, Jiangsu, and other regions remain unchanged. The mainstream transaction price in Shandong is 1280 - 1380 yuan/ton [1] - Caustic Soda Flakes: The prices in Shandong, Inner Mongolia, and other regions remain unchanged [1] - PVC: The prices in Shandong and Inner Mongolia are 4520 yuan and 4380 yuan respectively, remaining unchanged [1] Futures and Related Spreads - Futures Main Contract: The closing price is 2453 yuan, up 15 yuan [1] - Basis: The basis in Shandong decreased by 15 yuan to 141 yuan, and in Jiangsu decreased by 15 yuan to 516 yuan [1] - 50% Alkali - 32% Alkali Spread: The spread in Shandong remains unchanged at - 14 yuan [1] - Caustic Soda Flakes - 50% Alkali Spread: The spread in Guangdong remains unchanged at 630 yuan [1] - 50% Alkali Regional Spread: The spread between the East and Shandong remains unchanged at 320 yuan [1] - Caustic Soda Flakes Regional Spread: The spreads between Southwest - Inner Mongolia and Southwest - Shandong remain unchanged at 650 yuan and 400 yuan respectively [1] Profit and Electricity Price - Chlor - Alkali Profit: The profit in Shandong increased by 49 yuan to 90 yuan, and in the Northwest remains unchanged at 483 yuan [1] - Electricity Price: The electricity prices in Shandong and Inner Mongolia are 0.75 yuan and 0.5 yuan respectively, remaining unchanged [1]