6月13日，国内期市能化板块涨幅居前。其中，烧碱期货主力合约开盘报2293.0元/吨，今日盘中低位震 荡运行；截至发稿，烧碱主力最高触及2310.0元，下方探低2262.0元，跌幅达3.7%附近。 后市来看，烧碱期货行情将如何运行，相关机构观点汇总如下： 齐盛期货表示，烧碱供大于求的市场格局未改，期货价格短期大概率偏弱震荡。 南华期货（603093）分析称，近期烧碱跌的比较猛，第一是现货走弱，整体7月后格局转差的预期强 化，第二受到电费的影响。上周五金岭大幅调降，整体是基于销售策略调整，而非基于真实山东现货压 力，降价后成交非常好，短期来看整体现货压力不明显，6月目前看整体矛盾不大，后续检修仍然不 少。关注后续现货走弱的幅度。 截至6月12日，全国20万吨及以上固定液碱样本企业厂库库存40.53万吨（湿吨），环比上调6.07%，同 比上调6.11%。本周全国液碱样本企业库容比24.28%，环比上调1.05%；本周西北、华北、华中、华 东、西南库容比环比上调，东北、华南库容比环比下滑。 截至6月12日，烧碱样本企业产能平均利用率为80.9%，较上周环比-2.5%。华北除计划内检修装置外， 有多套装置临时停车，负 ...

Group 1 - The domestic futures market for caustic soda saw significant gains, with the main contract opening at 2435.0 CNY/ton and reaching a high of 2481.0 CNY, marking a 2.14% increase [1] - Weekly production of caustic soda from sample enterprises was approximately 789,800 tons, reflecting a 0.28% decrease week-on-week and a 1.52% decrease year-on-year [1] - Liquid caustic soda inventory decreased by 3.02% to 408,500 tons, although it remains at a relatively high level compared to the same period last year [1] Group 2 - The caustic soda operating rate was reported at 82.1%, down 0.2% from the previous week [2] - The price of liquid chlorine in Shandong dropped by 250 CNY/ton, a decrease of 66.67% compared to earlier periods [2] - Despite a slight reduction in inventory, overall stock levels remain high, with limited increases in downstream delivery volumes [2] Group 3 - The overall supply of caustic soda remains sufficient, with limited demand growth, leading to a weak market outlook [1][2] - Key future considerations include the delivery volume from Weiqiao, inventory reduction, and the impact of aluminum production and exports [1] - The chlor-alkali industry is facing thin profit margins due to declining prices, necessitating caution regarding potential reductions in production [2]