[Industry insiders: It is difficult to substantially reverse the loose supply and demand pattern of caustic soda in the short term] News, October 22, yesterday, the main domestic caustic soda futures contract fell further, closing more than 2%, falling below 1,700 yuan/ton during the session, setting a new low since the listing of this contract type. Market data shows that the cumulative decline in domestic caustic soda main contracts within the same year has exceeded 30%. The price of caustic soda has been "falling continuously" recently, and the impact on companies in the industrial chain has been mixed. The profits of upstream companies are under pressure, while the profits of downstream companies are expected to recover at a margin. The decline in caustic soda prices is affected by the contradiction between supply and demand in the industry. Industry insiders interviewed believe that it is difficult to substantially reverse the loose supply and demand pattern of caustic soda in the short term of 1-2 months. (Securities Times)