February 25th News On February 25th, the price of liquid caustic soda in Shandong Binhua was raised. The quotation for 32% ion-exchange membrane caustic soda increased by 10 yuan/ton to 650 yuan/ton, with actual orders negotiable. The liquid caustic soda plant is operating normally. Chempricehub Analysis of Caustic Soda Bull-Bear Score: 1.5 The article indicates that the spot price of liquid caustic soda (a form of caustic soda) in Shandong Binhua has increased by 10 yuan/ton to 650 yuan/ton, suggesting tight supply or increased demand in the spot market, which directly benefits the spot price of caustic soda. The normal operation of the plant but rising quotations implies potential demand growth. Combined with the latest futures data (2026-02-24), caustic soda futures contracts, such as the 2605 contract, closed at 2,153 yuan/ton (with a daily change of -71.00). However, the rise in spot prices today may boost market sentiment and drive futures prices upward, as futures reflect future expectations. Overall, the positive factors are significant, but the increase is moderate, with no additional drivers such as supply disruptions, resulting in a score of 1.5 (generally moderately bullish).