September 20th News
September 20, 2026 — Caustic Soda Core Overview: In the short term, caustic soda is exhibiting a strong, range-bound consolidation trend with a slight bullish bias. Currently trading near a one-year low, there remains ample room for further upside. The most recent data available is as of September 19, 2026; please refer to real-time data for the latest updates.
1. Average Difference Change Table
2. Signal Status Determination
The current three deviation change direction combinations are (－, ＋, ＋), which belong to a strong consolidation (biased towards bullish) signal.
3. Trend Direction Conclusion
The current trend is oscillating (with a bullish bias), reason: the direction of change in the three average differences from the previous day is not entirely consistent, which does not meet the criteria for a clear upward or downward trend, and thus it is a strong consolidation within an oscillation range. Fundamentally, the inventory of fixed caustic soda samples from enterprises with a capacity of 200,000 tons and above across China has decreased by 3.05% month-over-month. The demand for flake caustic soda exports is performing well, and several Chinese chlor-alkali companies have recently raised their liquid caustic soda quotes, providing strong support for prices.
4. Position Space Reference
Sodium hydroxide prices are currently at the second tier (mid-to-low range) on the 60-day cycle, while on the 3-month and 1-year cycles they remain in the first tier (low range). Downside room is limited, with ample upside potential going forward.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
