June 21 Daily Review of Soda Ash

Analysis of soda ash market

Today, China's soda ash market remains stable. As of now, 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; 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; the industry has started to maintain a high level, and the supply of enterprises has remained stable. Recently, soda ash manufacturers have ordered shipments, and soda ash prices have remained stable; The downstream market maintains a just need to purchase, has a general intention to hoard goods, and the market has a strong wait-and-see attitude.

Futures dynamics

According to Boduo data, the opening price of SA2309, the main contract for soda ash, on June 21, was 1709 yuan/ton, and finally closed at 1671 yuan/ton, holding 1055568 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.