[Soda ash] August 10 Daily Review of Soda ash

Analysis of soda ash market

Today, China's soda ash market is stable. As of now, the price of light soda ash in Southwest China is 2,150 -2250 yuan/ton, and the price of heavy soda ash is 2250 yuan/ton; the price of light soda ash in Northeast China is 2250- 2,350 yuan/ton, and the price of heavy soda ash is 2,300 - 2,400 yuan/ton; The start of the soda ash market is still not high, manufacturers 'inventories continue to decline and remain at a low level, the market spot supply is tight, the price of new orders in the market continues to increase slightly, the market wait-and-see atmosphere is strong, and the price of new orders is discussed individually.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on August 10, was 1558 yuan/ton, and finally closed at 1557 yuan/ton, holding 1265661 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.