March 6th News: On March 6th, the price focus of 32% liquid caustic soda in Hebei declined, with downstream demand remaining moderate. Currently, the mainstream negotiation price for 32% liquid caustic soda in Cangzhou is around 670 yuan/ton, with room for negotiation for large quantities, representing a decrease of approximately 20 yuan/ton compared to the previous trading day. Chempricehub Analysis of Caustic Soda: Bull-Bear Score: -1 The article indicates that the spot price of 32% liquid caustic soda in Hebei dropped by 20 yuan/ton to around 670 yuan/ton, primarily due to moderate downstream demand, leading to a relative oversupply in the market, which exerts bearish pressure on spot prices. In the futures market, the recent performance of the main caustic soda futures contract, such as 2605 (settlement price on March 5th: 2194 yuan/ton, up 69 yuan), has been strong. However, the weakness in the spot market may spill over to futures, increasing short-term downside risks. It is expected that futures prices will face adjustment pressure.