March 18th News
On March 18th, Shandong Dezhou Shihua adjusted its liquid caustic soda prices. The acceptance price for 32% ion-exchange membrane alkali is quoted at 750 RMB/ton, while the acceptance price for 50% ion-exchange membrane alkali increased by 10 RMB/ton to 1,330 RMB/ton. Actual orders are negotiable, and the 400,000-ton chlor-alkali plant is operating normally.

Chempricehub Analysis of Caustic Soda, Bull-Bear Score: 1
The article reports that Shandong Dezhou Shihua’s 50% ion-exchange membrane alkali price increased by 10 RMB/ton to 1,330 RMB/ton, indicating stronger demand in the spot market and stable supply (normal plant operation), which is favorable for the upward movement of caustic soda spot prices.

Combined with data from the Zhengzhou Commodity Exchange caustic soda futures, the main contract 2605 closed at 2,442 RMB/ton, with a change of -28.00, a trading volume of 514,054 lots, and an open interest of 102,287 lots. Although the current futures price has slightly declined, the news of the new spot price increase may boost market expectations and drive a short-term recovery in futures prices.

Overall assessment: The spot price increase provides support, with a +1 score indicating a generally positive outlook. It is expected that the futures market will be positively influenced.