Recently, the liquid alkali market in Yunnan has been stable. The 32% liquid alkali of chlor-alkali enterprises in the province has less export supply, and the market is mainly dominated by 50% liquid alkali supply. The load of the local caustic soda facilities is around 80%, the output of liquid alkali is normal, and the inventory is reasonable. The main downstream alumina market remained stable, and the amount of caustic soda was stable on demand. The supply and demand of the caustic soda market in the province are moderate, and the ex-factory price fluctuation is limited.