[Soda ash] September 13 Soda ash Daily Review

Analysis of soda ash market

Today, China's soda ash market has temporarily stabilized. As of now, the price of light soda ash in northwest China is 3,050 - 3,200 yuan/ton, and the price of heavy soda ash is 3,000 - 3,300 yuan/ton; the price of light soda ash in southwest China is 3,200 - 3,500 yuan/ton, and the price of heavy soda ash is 3,400 - 3,600 yuan/ton; At present, some enterprises in East China and East China have stopped installing equipment, and maintenance enterprises in other regions have resumed production one after another, and market starts have dropped slightly; The soda ash market price has temporarily stabilized, the company's shipments are good, and the overall inventory of manufacturers is low. Recently, soda ash futures prices have continued to decline, and spot market purchases have been more cautious, and the market has been mainly wait-and-see.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on September 13, was 1811 yuan/ton, and finally closed at 1791 yuan/ton, holding 989085 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.