November 3rd, according to the news,
November 3, 2026 – Caustic Soda Core Market Commentary: In the short term, caustic soda prices are trending lower in a choppy pattern; currently at low levels, downside room is limited. The latest available data is as of November 1, 2026; real-time data should be used as the reference.
1. Mean Difference Variation Table
2. Signal Status Judgment
Signal status judgment: The current combination of average difference change signs is (−, +, −), which belongs to a rebound (bearish) signal.
3. Trend Direction Conclusion
Trend direction conclusion: Oscillation (with a bearish bias). Reason: The change directions of the three averages compared to the previous day are not entirely consistent, failing to meet the criteria for a clear upward or downward trend. Therefore, it is determined as an oscillation trend. Coupled with a bearish rebound signal, the overall short-term trend in China is bearish.
4. Position Space Reference
Reason: Price positioning analysis: Current caustic soda prices are at lows across the 60-day, 3-month, and 1-year timeframes, corresponding to the first tier of a five-tier positioning system, suggesting limited downside.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
