Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Capital Futures: Downstream partial resumption of production, caustic soda futures prices stop falling and rebound.
On the supply side, last week the average capacity utilization rate of domestic caustic soda sample enterprises with capacity of 100k tons and above was 79.2%, a decrease of 1.5 percentage points month-on-month. The factory inventory of fixed liquid caustic soda sample enterprises with capacity of 200k tons and above nationwide was 496.9k tons (wet basis), up 0.38% month-on-month and up 29.35% year-on-year. This week, the operating rate of sample chlor-alkali enterprises is expected to increase, and supply tends to increase. It is expected that the capacity utilization rate of caustic soda this week will increase to 81.2%, with a weekly output of 818k tons.
On the demand side, the operating rate of downstream alumina increased by 0.3 percentage points month-on-month, with some alumina units restarting production. Pay attention to changes in alumina plants' purchase volume and purchase prices. The capacity utilization rate of viscose staple fiber decreased by 0.33 percentage points month-on-month, and non-aluminum new orders lack follow-up.
In summary, after the previous continuous decline, the caustic soda futures price has undergone a technical repair. However, supply-side pressure still exists, which may limit the rebound space of the futures price. Pay attention to the operating status of alumina units and downstream delivery volume. (Capital Futures)