January 26th news: On January 26th, the price of liquid caustic soda at Shihua in Dezhou, Shandong, was lowered. The acceptance quotation for 32% ion-exchange membrane caustic soda dropped to 700 yuan/ton, with actual orders negotiable. The 400,000-ton chlor-alkali plant is operating normally. Chempricehub's analysis of caustic soda shows a long-short score of -1. The article reports that the price of liquid caustic soda at Shihua in Dezhou, Shandong, has been lowered, with the acceptance quotation for 32% ion-exchange membrane caustic soda dropping to 700 yuan/ton, actual orders negotiable, and the 400,000-ton chlor-alkali plant operating normally. This indicates ample market supply and relatively weak demand, leading to downward pressure on spot prices. Combined with data from the caustic soda futures market, such as the settlement price of the main contract 2603 at 1,942 yuan/ton (down 10 yuan), the price reduction signal may strengthen bearish sentiment in the futures market, and it is expected that futures prices will be negatively affected. Overall, this constitutes a general bearish factor for caustic soda prices.