Analysis of soda ash market
Today, China's soda ash market is mainly organized in a narrow range. As of now, the price of light soda ash in Central China is between 1,900 - 2,000 yuan/ton, and the price of heavy soda ash is between 2,050 - 2,150 yuan/ton; the price of light soda ash in Northwest China is between 1,750 - 1,850 yuan/ton, and the price of heavy soda ash is between 1,700 - 1,800 yuan/ton; Today, construction of Chongqing Heyou installation has resumed, there are not many market maintenance companies, and the overall industry start-up remains high; Enterprises have successively delivered early orders. The inventory of soda ash manufacturers is not high. The supply of goods in some regions is tight. The company's quotations are firm. The price of soda ash in some regions has been adjusted slightly. However, procurement in the downstream market is still cautious, and it is expected that the soda ash market will operate stably in the short term.
Futures dynamics
According to Boduo data, the opening price of SA2309, the main contract for soda ash, on June 16, was 1695 yuan/ton, and finally closed at 1691 yuan/ton, holding 1134062 positions.
market outlook
Recently, the operating rate of soda ash companies has been good, and the supply of soda ash in the market has been stable. In the later period, some manufacturers have restocked equipment maintenance plans; companies have successively delivered orders and arranged orders, and manufacturers 'inventories have continued to be removed from the warehouse. The price of soda ash has remained firm, and the price of new orders has increased steadily in some areas.
