April 08 News — On April 8, Shandong Dezhou Shihua adjusted its liquid caustic soda prices. The acceptance quotation for 32% ion-exchange membrane caustic soda is 810 yuan/ton, while the acceptance quotation for 50% ion-exchange membrane caustic soda has been reduced to 1,340 yuan/ton. Actual orders are negotiable, and the 400,000-ton chlor-alkali plant is operating normally.

Chempricehub Analysis of Caustic Soda — Bull-Bear Score: -1.5
The article reports that Shandong Dezhou Shihua has lowered its liquid caustic soda prices, with the acceptance quotation for 50% ion-exchange membrane caustic soda reduced to 1,340 yuan/ton and the quotation for 32% ion-exchange membrane caustic soda at 810 yuan/ton. Actual orders are negotiable, and the 400,000-ton plant is operating normally. This indicates ample supply in the spot market, weak demand, and downward pressure on prices.

In the caustic soda futures market, data from April 7 shows that the settlement price for the main contract 2605 was 2,269 yuan/ton (down 10 yuan/ton), and the settlement price for contract 2606 was 2,353 yuan/ton (down 11 yuan/ton). Trading volume was active, but prices generally declined, reflecting bearish market expectations. Considering factors such as oversupply and insufficient demand, it is expected that futures prices will maintain a short-term downward trend.