May 15 News – On May 15, liquid caustic soda in Shandong remained weakly stable, with a decline of 10 yuan/ton in some regions compared to the previous trading day. In southwestern Shandong, the mainstream transaction price for 32% ion-exchange membrane caustic soda was 570–600 yuan/ton; in eastern Shandong (central area), 580–630 yuan/ton; in northern Shandong, 620–660 yuan/ton; in southern Shandong, 670–680 yuan/ton.

Chempricehub Assessment on Caustic Soda
Bullish/Bearish Score: -1

Spot Market: On May 15, the overall liquid caustic soda market in Shandong remained weakly stable, with only partial regions reporting a decline of 10 yuan/ton from the previous trading day. Current spot demand is weak, exerting downward pressure on prices.

Futures Market: On May 14, 2026, the main caustic soda contract (2607) closed at 2,038 yuan/ton, unchanged from the prior trading day. The near-month contract (2606) fell by 9 yuan/ton. Short-term futures prices face certain downward pressure due to the weakness in the spot market, presenting a generally bearish outlook.