April 20th News: In March 2026, China's liquid caustic soda export volume reached 369,041.1 tons, a year-on-year increase of 50.4% and a month-on-month increase of 76.0%. From January to March, China's total liquid caustic soda import volume was 849,558.7 tons, a year-on-year increase of 0.9%. Chempricehub's analysis of caustic soda indicates a bullish-bearish score of 2. The significant year-on-year surge of 50.4% and month-on-month increase of 76.0% in liquid caustic soda exports in March 2026 suggest robust international demand and reduced domestic supply, directly driving up spot prices. Combined with caustic soda futures data (for example, on April 17, 2026, the main contract 2701 closed at 2,340 yuan/ton, with a settlement price of 2,343 yuan/ton), the growth in exports is expected to boost market sentiment. Futures prices are projected to rise, with fundamental factors supporting an upward trend for the bullish side, making this a significant positive development.