[Soda ash] September 4 soda ash daily review

Analysis of soda ash market

Today, the price of soda ash in China is running at a high level. As of now, the price of light soda ash in North China is between 3,000 - 3,100 yuan/ton, and the price of heavy soda ash is between 3,200 - 3,350 yuan/ton; the price of light soda ash in Central China is between 2,900 - 3,300 yuan/ton, and the price of heavy soda ash is between 3,100 - 3,350 yuan/ton; Recently, the installation of individual enterprises in the market has declined, and the market supply has decreased. Chongqing soda ash plants are being continuously exported; At present, the supply of goods in the market continues to be tight, manufacturers 'inventories are low, and market quotations remain high; demand in the downstream market is stable, and prices will continue to operate smoothly under tight supply.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on September 4, was 2041 yuan/ton, and finally closed at 1903 yuan/ton, holding 805230 lots.

market outlook

The soda ash market is in short supply, and manufacturers 'quotations remain firm. Companies are delivering orders one after another. The market transaction atmosphere is good, and the soda ash market price will continue to maintain a high level.