October 10th, news
October 10, 2026 — Core Market Commentary: In the short term, caustic soda is trading in a bearish range with slight downward pressure; however, given that prices are at an absolute cycle low, the overall downside is limited. The most recent available data is current as of October 9, 2026; please refer to real-time data for the latest updates.
1. Mean Deviation Change Table
2. Signal status determination
The current signal is a bearish consolidation.
3. Trend Direction Conclusion
The price trend is range-bound (bearish). Reason: The 5-day and 20-day moving averages weakened compared with the previous day, while the 10-day moving average remained unchanged; the three indicators do not move in perfect unison, meeting the criteria for a ranging market. Additionally, recent spot prices for caustic soda in Shandong have edged lower, and nationwide inventory at liquid caustic soda producers’ warehouses rose 5.68% month-on-month, with subdued demand reinforcing bearish expectations.
4. Position Space Reference
Prices across the 60-day, 3-month, and 1-year cycles are all in the first tier (low range, within the lowest 20% of the cycle), suggesting limited downside in the near term.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
