[Soda ash] September 11 Daily Review of Soda ash

Analysis of soda ash market

Today, China's soda ash market is still running well. As of now, the price of light soda ash in East China is 3,200 - 3,350 yuan/ton, and the price of heavy soda ash is 3,250 - 3,350 yuan/ton; the price of light soda ash in Central China is 3,000 - 3,300 yuan/ton, and the price of heavy soda ash is 3,100 - 3,350 yuan/ton; Soda ash prices continue to be high. Today, Henan Junhua enterprises have reduced production, and some maintenance enterprises have gradually increased in the early stage. The production of other enterprises has been relatively stable, and the overall market supply has increased. Manufacturers 'inventories are still low, and companies have ordered shipments. Supply and demand in the soda ash market remain tight and the market maintains a stable operation.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on September 11, was 1800 yuan/ton, and finally closed at 1837 yuan/ton, holding 951055 lots.

market outlook

Recently, some soda ash companies have resumed maintenance one after another, and the market supply is expected to increase again in the later period. However, manufacturers have more orders, the market spot supply is still tight, and the soda ash market price will continue to operate at a high level.