[Soda ash] August 8 Soda ash Daily Review

Analysis of soda ash market

Today, China's soda ash market has stabilized and moved slightly, and prices in some regions have increased. As of now, the price of light soda ash in South China is 2,200 - 2,300 yuan/ton, and the price of heavy soda ash is 2,300 - 2,350 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 2250 yuan/ton; soda ash companies have more orders in hand, and their shipments are relatively smooth; Recently, the equipment of Hubei Shuanghuan and China Salt Red Sifang enterprises has been continuously upgraded. Some manufacturers have maintained maintenance, but the overall market supply is still tight. Some companies have not offered quotations for new orders, and the soda ash market has maintained stable operation.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on August 8, was 1526 yuan/ton, and finally closed at 1538 yuan/ton, holding 1278919 positions.

market outlook

Soda ash manufacturers place more orders, and companies control the receipt of new orders. Currently, the industry is not starting at a high level. Downstream companies are just in need of replenishment, and the soda ash market is expected to operate stably in the short term.