Sodium hydroxide

Shandong liquid caustic soda weak stable on May15, some areas down 10 yuan/ton; spot demand weak, futures pressured, bearish.

Shandong Luxi Chemical lowered 32% ion membrane caustic soda price by 20 yuan/ton to 600 yuan/ton, with normal plant operation. This bearish move pressures spot and futures markets.

Chinese caustic soda capacity utilization at plants ≥100,000 tons averaged 81.0% this week, down 1.5% WoW, supporting spot and futures prices.

As of May 14, 2026, caustic soda inventory at Chinese plants with 200,000+ tons capacity hit 572,300 wet tons, up 0.12% MoM and 47.36% YoY. Futures main contract closed at 2,058 yuan/ton, slightly dow...

On May 13, Fujian's 32% ion membrane caustic soda price weakened to 850-900 yuan/ton, pressured by northern markets. Futures main contract 2607 closed at 2035 yuan/ton, down 29 yuan, with bearish sent...

The 110kV substation for Tianjin branch's Gansu Juhua silicon-fluorine project was successfully powered on. New capacities include 360kt silicon, 100kt polysilicon, 125kt fluoropolymer, etc. This boos...

On May 11, Xinjiang liquid caustic soda market saw improved trading, with 32% IEM at 2550-2600 yuan/ton and 50% at 2650-2700 yuan/ton (100% basis). Stronger spot demand and increased futures open inte...

On May 9, East China caustic soda FOB export price was $340-350/t, Northeast Asia liquid alkali at $330-350/t. Futures: ZCE main contract 2607 settled at 2107 yuan/t, volume 550,400 lots, open interes...

Shandong Xinfa raised 32% ionic membrane caustic soda price by 30 yuan to 600 yuan/ton, 50% at 1050 yuan/ton, with normal operations. Futures main contract closed at 2136 yuan/ton, up 42 yuan, volume ...

This week, China's caustic soda capacity utilization fell 1.0% to 82.5%, while the futures main contract rose 42 yuan/ton to 2136, with increased open interest, supporting a bullish outlook.