Analysis of soda ash market
Today, China's soda ash market is operating well. As of now, the price of light soda ash in East China is 2,000 - 2,250 yuan/ton, the price of heavy soda ash is 2,200 - 2,300 yuan/ton, the price of light soda ash in Southwest China is 2,150 - 2,200 yuan/ton, and the price of heavy soda ash is 2,200 -2250 yuan/ton; Today, the soda ash plant in Jingang, Kunshan, Jiangsu Province was stopped for maintenance. Enterprises such as Qinghai Soda Industry and China National Salt Kunshan were under-started operations, and the soda ash industry was not under high operating load. Manufacturers successively delivered early orders, and inventories remained low. The price of new orders in the market maintained an upward trend. The focus of market transactions shifted.
Futures dynamics
According to Boduo data, the opening price of SA2309, the main contract for soda ash, on July 31, was 2080 yuan/ton, and finally closed at 2085 yuan/ton, holding 623546 positions.
market outlook
The operating rate of the soda ash industry is not high, and the market supply is tight. Manufacturers have successively placed orders to deliver early orders, and the market has a strong intention to increase prices. The downstream demand for light soda is average, while the demand for heavy soda remains good. The market price of soda ash is expected to rise again in the short term.
