January 14th — On January 14th, Shandong Luxi Chemical lowered the price of liquid caustic soda. The quotation for 32% ion-exchange membrane caustic soda dropped to 660 yuan/ton, down by 10 yuan/ton compared to the previous trading day. The 400,000-ton-per-year chlor-alkali facility is operating normally. Chempricehub's analysis of caustic soda, with a long-short score of -1: The article reports that Shandong Luxi Chemical's quotation for 32% ion-exchange membrane caustic soda has decreased to 660 yuan/ton, down by 10 yuan/ton compared to the previous trading day. At the same time, the 400,000-ton-per-year chlor-alkali facility is operating normally, indicating ample supply with no signs of shortage. This directly puts downward pressure on the spot price of caustic soda, reflecting market oversupply or weak demand. For caustic soda futures prices, the decline in spot prices will transmit to the futures market. Investors, anticipating stable future supply, may increase their willingness to sell contracts, thereby exacerbating the downside risk for futures prices. The overall score is -1, indicating a mild bearish sentiment, as the price decline is relatively small (approximately 1.5%) and does not constitute a significant event, but it clearly signals a negative trend.