June 12 Daily Review of Soda Ash

Analysis of soda ash market

Today, the overall stability of China's soda ash market is stable. As of now, the price of light soda ash in East China is between 1,950 - 2,100 yuan/ton, and the price of heavy soda ash is between 2,000 - 2,200 yuan/ton; the price of light soda ash in North China is between 2,000 - 2,050 yuan/ton, and the price of heavy soda ash is between 1,950 - 2,250 yuan/ton; the soda industry is still at a high level when it starts, and manufacturers have sufficient supply; At present, manufacturers still have some orders in hand, and some companies have firm quotations and strong willingness to increase; however, downstream companies have some resistance to acceptance, and the market is mainly cautious in purchasing.

Futures dynamics

According to Boduo data, the opening price of SA2309, the main contract for soda ash, on June 12, was 1660 yuan/ton, and finally closed at 1589 yuan/ton, holding 1213395 positions.

market outlook

The industry has sufficient supply. Enterprises mainly deliver pre-order orders, manufacturers mainly remove warehouses, and some manufacturers are more willing to bid; however, the downstream industry is still resistant to the rise in soda ash prices. Enterprises continue to need procurement, and it is expected that the soda ash market will be stable in the short term. operation.