May 11 News – On May 11, the trading atmosphere in the liquid caustic soda market in Xinjiang has improved. Currently, the mainstream ex-factory price for 32% ion-exchange membrane caustic soda in the region is around 2,550–2,600 RMB/ton (on a 100% NaOH basis), while the mainstream ex-factory price for 50% ion-exchange membrane caustic soda is around 2,650–2,700 RMB/ton (on a 100% NaOH basis). Most producers primarily sell to downstream customers in surrounding areas.
Chempricehub comments on caustic soda: Bull-Bear Rating – 1. On the spot side, the trading atmosphere in the Xinjiang liquid caustic soda market has improved, with ex-factory quotations for 32% and 50% ion-exchange membrane caustic soda maintained in the range of 2,550–2,700 RMB/ton (on a 100% NaOH basis). Producers are selling smoothly, providing direct bullish support to spot caustic soda prices. On the futures side, the settlement price of the main caustic soda contract (2607) on May 8 was 2,107 RMB/ton, with open interest increasing by 13,645 lots compared to the previous session. The positive signals from the spot side also have a positive driving effect on the futures market, indicating an overall bullish bias.
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