Recently, the liquid alkali market in Yunnan has been moderate. There is a shortage of 32% liquid alkali for external sales in local chlor-alkali enterprises, and there is no market price reported at present. The mainstream delivered price for 50% liquid alkali is at 3300 yuan/ton (discounted), with some transactions slightly higher. The local caustic soda facilities operate at about 80% capacity, with stable liquid alkali production and reasonable inventory. The main downstream alumina market remains stable, and alumina companies purchase caustic soda according to their needs. The local liquid alkali market is balanced between supply and demand, with limited price fluctuations in transactions.