Recently, the supply and demand of liquid alkali market in Yunnan are mild. The export scale of 32% liquid alkali in the province is relatively small, and the market is mainly supplied by 50% liquid alkali. The load of local caustic soda facilities is about 80%, the output of liquid alkali is stable, and the inventory is reasonable. The main downstream alumina market is stable, and the purchase of caustic soda is for immediate use. The local liquid alkali is mainly supplied by contract, and the ex-factory price remains unchanged.