July 11 Daily Review of Soda Ash

Analysis of soda ash market

Today, China's soda ash market is basically stable. As of now, the price of light soda ash in the northwest region is 1,650 - 1,850 yuan/ton, and the price of heavy soda ash is 1,700 - 1,800 yuan/ton; the price of light soda ash in the southwest region is 2050 yuan/ton, and the price of heavy soda ash is 2050- 2,200 yuan/ton; some manufacturers have resumed production today, but some manufacturers still reduce production, and the industry start-up is still not high; Recently, the price of soda ash futures has increased, but the market wait-and-see attitude is still strong. Companies are operating cautiously and mainly need to replenish stocks.

Futures dynamics

According to Boduo data, the opening price of SA2309, the main contract for soda ash, on July 11, was 1732 yuan/ton, and finally closed at 1794 yuan/ton, holding 1153749 positions.

market outlook

The soda ash industry has not started high, the downstream demand for light soda is relatively stable, and the demand for heavy soda is improving. Enterprises are still cautious in purchasing. Currently, soda ash manufacturers have tight supply, and enterprises have strong intention to stabilize prices. It is expected that the soda ash market will fluctuate and operate stably in the short term.