May 08 News

On May 8, Shandong Xinfa adjusted its liquid caustic soda prices: 32% ion-exchange membrane caustic soda was raised by 30 yuan/ton to 600 yuan/ton, while 50% ion-exchange membrane caustic soda remained at 1,050 yuan/ton. The company's 1.13 million ton/year plant is operating normally.

Chempricehub Comments on Caustic Soda
Bullish/Bearish Rating: 1

Spot Market: Shandong Xinfa, a core enterprise in China's chlor-alkali industry, has raised its 32% ion-exchange membrane caustic soda quotation by 30 yuan/ton to 600 yuan/ton, with plant operations running normally. This move provides direct positive support to caustic soda spot prices, fueling bullish sentiment in the regional market.

Futures Market: On May 7, 2026, the main caustic soda futures contract (2607) on the Zhengzhou Commodity Exchange closed at 2,136 yuan/ton, up 42 yuan/ton from the previous trading day. Trading volume reached 497,300 lots, and open interest increased by 1,215 lots. The market is showing a strong upward trend, and futures prices are expected to continue rising, driven by the spot price increase.