June 13 soda daily review

Analysis of soda ash market

Today, China's soda ash market continues to operate steadily. As of now, the price of light soda ash in East China is between 1,950 - 2,150 yuan/ton, and the price of heavy soda ash is between 2,000 - 2,200 yuan/ton; the price of light soda ash in South China is between 2,050 - 2,150 yuan/ton, and the price of heavy soda ash is between 2,100 - 2,200 yuan/ton; Recently, Henan Junhua equipment has been overhauled, and Jiangsu Shilian is expected to resume maintenance. At present, the overall industry start-up remains at normal levels; Manufacturers mainly deliver early orders, and soda ash prices are firm. Most downstream companies still maintain on-demand purchases. It is expected that soda ash prices will continue to operate smoothly in the short term.

Futures dynamics

According to Boduo data, the opening price of SA2309, the main contract for soda ash, on June 13, was 1588 yuan/ton, and finally closed at 1680 yuan/ton, holding 1176862 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.