April 28 News On April 28, Shandong Binhua lowered its liquid caustic soda prices, with the 32% membrane caustic soda quotation reduced to 630 RMB/ton, down 20 RMB/ton from the previous trading day. Real orders are negotiable, and the caustic soda plant is operating normally.

Chempricehub comments on caustic soda: Bullish/Bearish rating: -1.5
Shandong Binhua lowered its liquid caustic soda price by 20 RMB/ton to 630 RMB/ton, with normal plant operations, indicating sufficient supply and weak demand, posing a significant bearish impact on spot prices. Combined with the recent caustic soda futures market performance (e.g., the 2607 contract closed at 2,087 RMB/ton, down 8 RMB), this news may intensify bearish sentiment and push futures prices lower due to an enhanced expectation of oversupply. The rating of -1.5 reflects a generally mild bearish impact, though the decline has not reached extreme levels.