[Soda ash] July 27 Soda ash Daily Review

Analysis of soda ash market

Today, China's soda ash market maintains good operation. As of now, 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 2,200 - 2,300 yuan/ton; the price of light soda ash in Central China is between 1,950 - 2,050 yuan/ton, and the price of heavy soda ash is between 2,200 - 2,250 yuan/ton; the start of the soda ash industry has not improved yet, and the start of enterprises is around 80%; At present, soda ash manufacturers have many orders in hand, and companies mainly schedule orders and deliver orders, and the market supply is tight; downstream light soda demand remains average, the demand for heavy soda continues to increase, and the price of new orders in the soda ash market continues to move up slightly.

Futures dynamics

According to Boduo data, the opening price of SA2309, the main contract for soda ash, on July 27, was 2150 yuan/ton, and finally closed at 2147 yuan/ton, holding 763628 positions.

market outlook

The operating rate of the soda ash industry is not high, the market supply is tight, manufacturers have many orders on hand, and companies are reluctant to sell. The demand for heavy soda in the downstream market continues to improve. Companies maintain on-demand procurement, and the soda ash market may maintain good performance in the short term.