May 8 News
On May 8, Shandong Binhuo raised the price of liquid caustic soda. The quotation for 32% ion-exchange membrane caustic soda increased by 20 RMB/ton to 630 RMB/ton, with actual transactions negotiable. The liquid caustic soda plant is operating normally.

Chempricehub Analysis of Caustic Soda – Bullish/Bearish Score: 1

Spot Market:
As a core producer of liquid caustic soda in China, Shandong Binhuo raised its quotation for 32% ion-exchange membrane caustic soda by 20 RMB/ton to 630 RMB/ton, with normal plant operations. This significantly drives regional spot caustic soda prices, providing a positive boost to the spot market.

Futures Market:
On May 7, 2026, the Zhengzhou Commodity Exchange (ZCE) caustic soda main contract (2607) closed at 2,136 RMB/ton, up 42 RMB/ton from the previous trading day. Trading volume reached 497,300 lots, and open interest increased by 1,215 lots. Market sentiment is leaning bullish, with overall futures prices showing a strong trend.