March 24th News: On March 23rd, the FOB export transaction price for caustic soda in East China was $420–510 per ton. The transaction price for liquid caustic soda in Northeast Asia was $420–510 per ton. Chempricehub’s analysis of caustic soda gave a long-short score of 1.5. On March 23rd, the FOB export transaction prices for caustic soda in East China and Northeast Asia were $420–510 per ton, significantly higher than the current domestic futures prices (e.g., contract 2605 closed at 2,557 yuan per ton, approximately $365 per ton), indicating strong international demand. This situation is expected to drive up spot prices, as increased exports may reduce domestic supply. At the same time, combined with the stable performance of recent futures contracts (e.g., contract 2701 settled at 2,578 yuan per ton), this demand-driven positive factor is likely to support an upward trend in futures prices. It is anticipated that market sentiment will remain optimistic in the short term.
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