March 3rd News: The procurement price for liquid caustic soda by alumina enterprises in Guangxi region for March 2026 is 3,050 yuan/ton (on a 100% basis) for 50% ion-exchange membrane caustic soda delivered. Chempricehub's analysis of caustic soda: Bullish-Bearish Score: 1.5. The article reports that the procurement price for 50% ion-exchange membrane caustic soda by alumina enterprises in Guangxi region for March 2026 is 3,050 yuan/ton (on a 100% basis). This price is significantly higher than the current main futures contract price for caustic soda (e.g., the closing price of SH2605 is 2,149 yuan/ton). This indicates tight supply in the spot market and strong demand from the alumina industry, resulting in a spot premium (backwardation). Combined with futures data, the main contract SH2605 has an open interest of 177,262 lots and a trading volume of 550,462 lots, indicating high market activity. This procurement price is expected to support an upward trend in futures prices and attract long positions. Therefore, this constitutes a strong positive factor for the caustic soda market.