Analysis of soda ash market
Today, China's soda ash market is operating steadily. As of now, 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; the price of light soda ash in Southwest China is between 2,000 - 2,100 yuan/ton, and the price of heavy soda ash is between 2,050 - 2,250 yuan/ton; Recently, equipment maintenance of individual manufacturers has resumed, and the start of business has returned to normal. Jiangsu Fengcheng Salt Chemical Industry stopped maintenance today, and some manufacturers in the market have another maintenance plan in the later period; soda ash prices are stable, and the downstream market is not willing to purchase actively. The soda ash market has maintained smooth operation.
Futures dynamics
According to Boduo data, the opening price of SA2309, the main contract for soda ash, on June 26, was 1649 yuan/ton, and finally closed at 1675 yuan/ton, holding 1070991 positions.
market outlook
The supply of soda ash market is sufficient, and enterprises have maintained a high level of start-up; the terminal market has a strong wait-and-see attitude, and enterprises are cautious in purchasing. It is expected that the soda ash market will maintain stable operation in the short term.
