April 27 News – On April 27, Shandong Bin Hua (Binzhou Chemical) lowered its liquid caustic soda prices, with the quotation for 32% ionic membrane caustic soda reduced to 650 RMB/ton, a decrease of 10 RMB/ton compared to last week. Actual orders are negotiable, and the liquid caustic soda plant is operating normally.

Chempricehub assesses caustic soda with a bearish-bullish rating of -1.5. The article reports that Shandong Bin Hua has reduced its liquid caustic soda (a form of caustic soda) price by 10 RMB/ton to 650 RMB/ton, reflecting ample spot supply or weak demand compared to the previous week. Normal plant operations further reinforce supply-side pressure, which is expected to exert downward pressure on spot caustic soda prices. Combined with futures market data, near-term caustic soda contracts such as 2607 (settlement price at 2,091 RMB/ton, down 28.00) and 2606 (settlement price at 2,033 RMB/ton, down 32.00) have already shown a downward trend, with changing open interest levels indicating a strengthening bearish sentiment. This spot price reduction may amplify bearish expectations for futures prices, particularly affecting near-month contracts, and is assessed overall as a significantly bearish impact.