April 29 News – On April 29, Shandong Luxi Chemical adjusted the price of liquid caustic soda: the quotation for 32% ionic membrane caustic soda was reduced by 20 RMB/ton to 620 RMB/ton. The 400,000-ton/year chlor-alkali unit is operating normally.

Lye Multi-Attribute Sentiment Score: -1

The article reports that the spot price of 32% ionic membrane caustic soda from Shandong Luxi Chemical has declined by 20 RMB/ton to 620 RMB/ton, indicating weak market demand or sufficient supply. The normal operation of the unit reinforces expectations of stable supply, which may further weigh on spot prices. Combined with caustic soda futures data—such as the 2607 contract closing at 2,053 RMB/ton on April 28, down 41.00 RMB/ton—the spot price decline may extend the downward trend in futures. In the short term, both spot and futures prices for caustic soda are expected to face downward pressure.