[Soda ash] September 7 Soda ash Daily Review

Analysis of soda ash market

Today, the price of soda ash in China has remained stable. As of now, the price of light soda ash in Northeast China is 3,200 - 3,400 yuan/ton, and the price of heavy soda ash is 3,300 - 3,450 yuan/ton; the price of light soda ash in South China is 3,200 - 3,350 yuan/ton, and the price of heavy soda ash is 3,400 - 3,550 yuan/ton; China's soda market has not changed much recently, and company shipments are still relatively good; As the installation starts of enterprises in Inner Mongolia continue to increase, production in Chongqing, Hunan and Chongqing has also remained stable, and market supply has increased; downstream market demand remains strong, the market is still in short supply, and prices remain high.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on September 6, was 1925 yuan/ton, and finally closed at 1868 yuan/ton, holding 881714 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.