June 27 soda daily review

Analysis of soda ash market

Today, the price of soda ash in East China in China's soda ash market has increased. As of now, the price of light soda ash in East China is between 1,950 - 2,200 yuan/ton, and the price of heavy soda ash is between 2,050 - 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 2,000 - 2,250 yuan/ton; the overall soda ash market is currently at a high level, and manufacturers have successively delivered early orders; The supply of goods in East China is tight, and the prices of new orders have been raised by some manufacturers; the soda ash market is basically stable, and the downstream market has little positive willingness to purchase. The main need for replenishment is just that, 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 27, was 1681 yuan/ton, and finally closed at 1682 yuan/ton, holding 1069216 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.