April 21, News: On April 21, the price of liquid caustic soda in Shandong Binhua was lowered, with the quotation for 32% ion-exchange membrane caustic soda dropping to 690 yuan/ton, down 30 yuan/ton from the previous trading day. Actual orders are negotiable, and the liquid caustic soda plant is operating normally. Chempricehub's analysis of caustic soda, with a long-short score of -1: The spot quotation for Shandong Binhua's 32% ion-exchange membrane caustic soda has dropped to 690 yuan/ton, down 30 yuan/ton from the previous day. The plant is operating normally, indicating ample supply and weak demand, which is bearish for spot prices. Combined with the recent downward trend in the caustic soda futures market (e.g., the settlement price of the 2607 contract is 2,065 yuan, down 11 yuan), this spot price decline may reinforce bearish expectations in the futures market, putting downward pressure on futures prices.