June 15 Daily Review of Soda Ash

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 North China is 2,000 - 2,050 yuan/ton, and the price of heavy soda ash is 1,980 - 2,250 yuan/ton; the price of light soda ash in Northeast China is 2,100 - 2,200 yuan/ton, and the price of heavy soda ash is 2,200 - 2,300 yuan/ton; The start-up of soda ash enterprises is relatively stable, the market supply is sufficient, and the downstream market demand is tepid. Enterprises are more cautious in purchasing, mostly to maintain just demand. Market production and sales can basically maintain a balance; soda ash market quotations are firm, and soda ash prices are expected to continue to remain stable in the short term. operation.

 

Futures dynamics

According to Boduo data, the opening price of SA2309, the main contract for soda ash, on June 15, was 1678 yuan/ton, and finally closed at 1676 yuan/ton, holding 1157986 positions.

 

market outlook

Recently, the operating rate of soda ash enterprises has been good, the supply of soda ash in the market is stable, the orders on hand by enterprises are still acceptable, and the market supply and demand have basically remained balanced. The overall market price has not fluctuated much recently. soda ash enterprises have a strong sense of price support. It is expected that the soda ash market will be stable in the short term.