June 20 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 East China is between 1,900 - 2,150 yuan/ton, and the price of heavy soda ash is between 2,050 - 2,150 yuan/ton; the price of light soda ash in North China is between 2,000 - 2,100 yuan/ton, and the price of heavy soda ash is between 2,050 - 2,250 yuan/ton; some maintenance enterprises have returned to normal in the early stage, and the overall soda ash manufacturers have started operations at a high level; Some manufacturers have ordered orders until the end of the month, and some sources of goods in the market are tight; with the wave of replenishment in the early stage, companies are currently in need of purchasing, and soda ash prices are temporarily stable.

Futures dynamics

According to Boduo data, the opening price of SA2309, the main contract for soda ash, on June 20, was 1693 yuan/ton, and finally closed at 1717 yuan/ton, holding 1135980 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.