[Soda ash] September 5 soda ash daily review

Analysis of soda ash market

Today, China's soda ash market is operating strongly. As of now, the price of light soda ash in Southwest China is between 3,200 - 3,500 yuan/ton, and the price of heavy soda ash is between 3,400 - 3,600 yuan/ton; the price of light soda ash in Northwest China is between 3,050 - 3,200 yuan/ton, and the price of heavy soda ash is between 3,000 - 3,200 yuan/ton; the soda market price remains high, downstream companies have a positive purchasing attitude, and company shipments are relatively good; Chongqing Xiangyu units are recovering one after another, but the overall market supply has not changed much. Under tight supply and demand, prices have remained stable at high levels.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on September 5, was 1903 yuan/ton, and finally closed at 1955 yuan/ton, holding 808999 positions.

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.