[Soda ash] September 12 Soda ash Daily Review

Analysis of soda ash market

Today, China's soda ash market is operating stably. As of now, the price of light soda ash in South China is between 3,500 - 3,800 yuan/ton, and the price of heavy soda ash is between 3,600 - 3,750 yuan/ton; the price of light soda ash in North China is between 3,100 - 3,200 yuan/ton, and the price of heavy soda ash is between 3,300 - 3,450 yuan/ton; Recently, the overall supply in the market has remained stable, the overall start-up of enterprises is basically normal, and individual enterprises have under-started; The supply of soda ash in the market is still tight, and market quotations are firm; downstream market demand is stable, the market transaction atmosphere is still good, and soda ash prices are operating at a high level.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on September 12, was 1836 yuan/ton, and finally closed at 1815 yuan/ton, holding 978984 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.