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QINGYUAN CHEMICAL



03

2026

-

07

July 2 Caustic Soda Market Commentary


Liquid caustic soda prices remain relatively stable; flake caustic soda prices hold steady for now; futures prices fluctuate at the low end.

 

 

The domestic spot market for liquid caustic soda remained relatively stable today. Caustic soda production in June totaled 346.3 thousand tonnes, down 3.7% month-on-month and up 2.4% year-on-year. The average capacity utilization rate among sampled caustic soda enterprises was 79.2% this week, a decrease of 1.5% month-on-month. Factory inventories at sampled liquid caustic soda enterprises stood at 496.9 thousand tonnes (wet basis), up 0.38% month-on-month and 29.35% year-on-year. Procurement prices for 32% liquid caustic soda by alumina enterprises in Henan remained stable; prices in the Shandong region (North China) also held steady with little fluctuation. Regarding liquid chlorine, operations at some units were unstable, though prices remained steady for the time being. Alumina prices continued to rise; however, caustic soda prices are expected to remain weak in the short term. The domestic flake caustic soda market remained steady today; manufacturers are still seeing slow inventory depletion, and downstream purchasing interest is weak. Actual transaction prices for most manufacturers are lower than their quoted prices, and market prices are expected to undergo fluctuating adjustments in the short term.

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