April 15th News: On April 15th, Shandong Xinfah adjusted its liquid caustic soda prices. The quotation for 32% ion-exchange membrane caustic soda decreased by 10 yuan/ton to 670 yuan/ton, and the quotation for 50% ion-exchange membrane caustic soda decreased by 20 yuan/ton to 1330 yuan/ton. The plant has an annual capacity of 1.13 million tons. Chempricehub's analysis of caustic soda indicates a bearish sentiment with a score of -1.5. The report highlights the price reduction of Shandong Xinfah's liquid caustic soda (32% caustic soda down by 10 yuan/ton to 670 yuan/ton, 50% caustic soda down by 20 yuan/ton to 1330 yuan/ton), suggesting that the company's substantial production capacity (1.13 million tons/year) or increased market supply pressure is exerting downward pressure on spot prices of caustic soda. Combined with the caustic soda futures market, the settlement price of the main contract 2605 was 2007 yuan/ton (down 7 yuan), and the settlement price of contract 2607 was 2085 yuan/ton (down 16 yuan), indicating a clear overall downward trend. Changes in trading volume reflect a strengthening bearish sentiment in the market, and it is anticipated that futures prices may face further downward pressure.