March 26 News
This week (March 20–26, 2026), the average capacity utilization rate of caustic soda sample enterprises in China with a capacity of 100,000 tons or above was 84.6%, up 0.7% month-on-month.

Chempricehub's analysis of caustic soda, with a long-short rating: -1
The article indicates that the average capacity utilization rate of caustic soda sample enterprises in China with a capacity of 100,000 tons or above was 84.6%, an increase of 0.7% month-on-month. This suggests enhanced production activity on the supply side, potentially leading to an increase in supply. Against the backdrop of no significant synchronous improvement in current demand, the increase in supply exerts downward pressure on spot prices, which may lead to price declines.

Additionally, based on caustic soda futures data as of March 25, 2026, key contracts such as 2605 (settlement price: 2,521 yuan/ton, change: -60) and 2607 (settlement price: 2,572 yuan/ton, change: -65) both experienced price declines. Changes in open interest indicate market expectations of oversupply, suggesting that futures prices may continue their downward trend.

Therefore, the rating is -1 (generally bearish), reflecting a moderate negative impact of increased supply on prices.