August 31 news
August 31, 2026—Key Insights on Caustic Soda: In the short term, the price trend has stabilized and flattened. The 5-day, 10-day, and 20-day moving averages have remained flat at zero for two consecutive days, indicating no clear one-sided upward or downward signal. The spot price has stayed steady at around 639 CNY per ton for several consecutive days, and currently, neither supply nor demand shows any dominant driving factors.
1. Mean Difference Change Table
2. Signal Status Determination
Currently, it is a signal of sideways consolidation and oscillation, with no clear bias towards long or short positions.
3. Trend Direction Conclusion
The short-term trend is characterized by choppy, flat movement with no clear unidirectional trend. Reason: The three moving averages have remained flat at zero for two consecutive days, and there has been no consistent directional change—either entirely positive or entirely negative—thus failing to meet the criteria for a clear upward or downward trend. Meanwhile, the spot price has stayed steady at around 639 CNY per ton for several consecutive days. Coupled with stable supply and demand conditions, there is currently no dominant driver for a one-sided move.
4. Position Space Reference
Prices for caustic soda on the 60-day and 1-year cycles are both in the first tier (low level), while prices on the 3-month cycle are in the second tier (mid-to-low level). Overall, there is limited room for further decline, leaving potential upside for valuation recovery.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
