September 16 news
September 16, 2026—Key Insights on Caustic Soda: In the short term, caustic soda is in a volatile yet bullish trend. Currently, prices are at an absolute low, leaving limited room for further declines and creating potential for a temporary rebound.
1. Mean Difference Change Table
2. Signal Status Determination
The current average difference change is generally positive, indicating a strong consolidation (bullish) signal.
3. Trend Direction Conclusion
The short-term trend is oscillating (with a bullish bias). Reason: The changes in the three differentials compared to the previous day are not completely in the same direction, which does not meet the criteria for a clear uptrend or downtrend, thus it is judged as an oscillating trend. Additionally, the 20-day differential margin has shown a marginal rebound. In the spot market, major chlor-alkali enterprises in Shandong have raised their 32% ion membrane alkali quotations for two consecutive days. The improved sales in the Cangzhou area have led to a significant decrease in inventory, providing support to the prices, with a clear bullish attribute.
4. Position Space Reference
Sodium hydroxide 60-day, 3-month, and 1-year cycle prices are all in the 1st tier (the lowest 20% range within the cycle), indicating limited room for further decline and ample space for price recovery.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
