October 23rd, according to reports
October 23, 2026 — Core Market Commentary: In the short term, caustic soda is on a clear downtrend and currently sits at a cyclical low, leaving limited room for further declines. The most recent data available as of October 20, 2026, are provided; we recommend relying on real-time data for the latest updates.
1. Average Difference Variation Table
2. Signal Status Determination
Three deviations all changed in the same negative direction compared to the previous day, indicating a clear downward signal.
3. Trend Direction Conclusion
The short-term trend is clearly downward. Reason: The 5-day, 10-day, and 20-day moving averages all recorded negative changes compared to the previous day, fully satisfying the moving-average method’s criteria for identifying a clear downtrend.
4. Position Space Reference
Sodium hydroxide prices for the 60-day, 3-month, and 1-year cycles are all in the first tier (at low levels), leaving limited room for further declines.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.