烧碱：盘面反弹 氧化铝厂与贸易商之间交易活跃度提升

Group 1: Market Overview - The domestic liquid caustic soda market in China is experiencing weak transaction volumes, with prices for 32% and 50% liquid caustic soda rising in Shandong and Guangdong, while most regions remain stable [1] - In Shandong, increased downstream demand and limited inventory among chlor-alkali enterprises have contributed to price increases for 32% and 50% liquid caustic soda [1] - The main market prices for 32% ion membrane caustic soda in Shandong are between 800-885 RMB/ton, and for 50% ion membrane caustic soda, they are between 1300-1320 RMB/ton [1] Group 2: Production and Inventory - As of July 10, the weighted average operating rate of sample enterprises in major regions across the country is 85.19%, a decrease of 0.33% from the previous week [2] - The inventory of 32% liquid caustic soda in East China is 187,300 tons, showing a slight decrease of 1.06% from July 2, while in Shandong, the inventory increased by 1.93% to 58,000 tons [2] Group 3: Market Outlook - The overall spot market remains stable, with some regions experiencing price increases due to temporary demand support from key downstream sectors [3] - The supply-demand imbalance is limited, but high profits are encouraging increased production, while trading activity between alumina plants and traders is on the rise [3] - The market is expected to maintain a strong performance in the short term, driven by macroeconomic sentiment and speculative demand [3]