March 23 News: On March 23, the price of liquid caustic soda at Shandong Dezhou Shihua was raised, with the acceptance quotation for 32% ion-exchange membrane caustic soda increasing to 770 yuan/ton. Actual orders are negotiable, and the 400,000-ton chlor-alkali plant is operating normally. Chempricehub's analysis of caustic soda shows a long-short score of 1.5. The acceptance quotation for Shandong Dezhou Shihua's 32% ion-exchange membrane caustic soda has been raised to 770 yuan/ton, indicating stronger demand or tightening supply in the spot market for liquid caustic soda, which directly benefits spot prices of caustic soda. Combined with the recent performance of caustic soda futures (e.g., the settlement price of the 2605 contract on March 20 was 2,524 yuan/ton, up 38.00), this price increase may reinforce the upward trend in futures, as normal plant operations indicate stable supply, but expectations of demand-driven support will bolster the long side of futures.
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