April 20th News: On April 20th, the price of liquid caustic soda in Jiangsu showed a weak and stable trend, influenced by price reductions in Shandong, with downstream demand primarily driven by essential needs and a wait-and-see attitude. Specifically, the mainstream transaction price for 32% liquid caustic soda in Jiangsu ranged from 760 to 880 RMB/ton, down by 10–20 RMB/ton compared to the previous trading day.

Chempricehub Analysis of Caustic Soda: Bull-Bear Score: -1.5
The article indicates that the spot price of 32% liquid caustic soda in Jiangsu decreased by 10–20 RMB/ton, with the mainstream transaction price ranging from 760 to 880 RMB/ton. Influenced by price reductions in Shandong, downstream demand is primarily driven by essential needs and a wait-and-see attitude, suggesting increased pressure on the supply side and weak demand, which poses a clear bearish factor for spot prices.

Combined with caustic soda futures data, such as the settlement price of the main contract 2607 at 2,076 RMB/ton (down 16 points from the previous day), the downward price trend may continue, and short-term futures prices face downward pressure.