July 25 soda daily review

Analysis of soda ash market

Today, China's soda ash market maintains a good operation. As of now, the price of light soda ash in Southwest China is between 2,100 - 2,150 yuan/ton, and the price of heavy soda ash is between 2,150 - 2,250 yuan/ton; the price of light soda ash in Northwest China is between 1,800 - 2,000 yuan/ton, and the price of heavy soda ash is between 1,850 - 1,900 yuan/ton; Recently, the transaction atmosphere in the soda ash market is good, the overall market starts are still low, and manufacturers 'inventories continue to decline; At present, some manufacturers have many orders in hand, and most companies have closed orders and not quoted for the time being. The market has a strong intention to increase prices.

Futures dynamics

According to Boduo data, the opening price of SA2309, the main contract for soda ash, on July 25, was 2018 yuan/ton, and finally closed at 2020 yuan/ton, holding 899094 lots.

market outlook

The operating rate of the soda ash industry is not high, the market supply is tight, some manufacturers are reluctant to sell, and the overall demand in the downstream market is basically stable. Enterprises maintain on-demand procurement, and the soda ash market may maintain good performance in the short term.