February 5, 2024 — As of February 5, 2024, the inventory of fixed liquid caustic soda at sample enterprises with a capacity of 200,000 tons or more nationwide stood at 471,400 tons (wet metric tons), marking a month-on-month decrease of 9.41% and a year-on-year increase of 2.97%. Chempricehub's analysis of caustic soda indicates a bullish-bearish score of 1. The month-on-month decline of 9.41% in caustic soda inventory to 471,400 tons suggests a tightening of short-term supply, which may drive spot prices upward. The year-on-year increase of 2.97% indicates that long-term supply remains ample, but the significant month-on-month decline is favorable for the market. Combined with futures data (e.g., the closing price of the 2603 contract at 1,978 yuan/ton and recent price fluctuations), the reduction in inventory may bolster a rebound in futures prices, supporting bullish sentiment.