September 4th news
September 4, 2026—Key Insights on Caustic Soda: Some enterprises in the Shandong region have slightly raised their quotes for 32% ion-exchange membrane caustic soda. However, average prices over the medium to long term continue to weaken, with current prices at a nearly 60-day low. In the short term, prices are likely to remain volatile and weak, and any rebound lacks sustained momentum.
1. Average Deviation Change Table
2. Signal Status Determination
The current mean difference change combination is (+, -, -), which constitutes a weak rebound (bearish) signal.
3. Trend Direction Conclusion
The current caustic soda price trend in China is oscillating with a bearish bias. Reason: The direction of change for the three average differences compared to the previous day is not entirely consistent, and the overall situation is in an oscillatory phase; only the short-term 5-day average difference has slightly narrowed and rebounded, while the medium- and long-term 10-day and 20-day average differences continue to weaken, which is consistent with the characteristics of a weak rebound and a bearish signal.
4. Position Space Reference
For the caustic soda prices with 60-day and 1-year cycles, both are currently in the first tier (low level); for the 3-month cycle, prices are in the second tier (mid-to-low level). Overall, the room for further decline has largely been closed off. However, the current rebound lacks sufficient support, and upward momentum remains weak.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
