April 13th News: On April 13th, the price of liquid caustic soda in the Jiangsu region remained stable with a slight downward bias. The mainstream transaction price for 32% liquid caustic soda was 800-900 yuan/ton, a decrease of approximately 40 yuan/ton compared to the previous trading day. The mainstream transaction price for high-concentration caustic soda was 1360-1470 yuan/ton, a decrease of approximately 30 yuan/ton compared to the previous trading day.

Chempricehub Analysis of Caustic Soda, Bull-Bear Score: -1.5

On the spot market, the price of 32% liquid caustic soda in the Jiangsu region decreased by 40 yuan/ton to 800-900 yuan/ton, while high-concentration caustic soda decreased by 30 yuan/ton to 1360-1470 yuan/ton. This reflects oversupply or weak demand, which is bearish for spot prices.

On the futures market, the main caustic soda contract 2605 closed at 2013 yuan/ton, a decrease of 48 yuan from the previous day. Open interest decreased by 3,485 lots, indicating increased bearish sentiment in the market, which may further depress futures prices.

Considering the combined downward trend in both spot and futures prices, the score is -1.5, indicating a significant bearish outlook.