July 26 Daily Review of Soda Ash

Analysis of soda ash market

Today, the focus of transactions in China's soda ash market continues to move upwards. As of now, the price of light soda ash in North China is between 2,000 - 2,050 yuan/ton, and the price of heavy soda ash is between 2,200 - 2,250 yuan/ton; the price of light soda ash in East China is between 2,000 - 2,150 yuan/ton, and the price of heavy soda ash is between 2,150 - 2,200 yuan/ton; at present, there are still many maintenance companies in the industry, the market start-up load is not high, and manufacturers 'inventories continue to decline; The supply of soda ash in the market is tight, and most manufacturers have closed orders and not quoted for the time being. The market has strong intentions to rise, and the soda ash market has maintained a good operation.

Futures dynamics

According to Boduo data, the opening price of SA2309, the main contract for soda ash, on July 26, was 2030 yuan/ton, and finally closed at 2142 yuan/ton, holding 874419 positions.

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.