[Soda ash] September 14 Soda ash Daily Review

Analysis of soda ash market

Today, China's soda ash market still maintains stable operation. As of now, the price of light soda ash in East China is between 3,200 - 3,350 yuan/ton, and the price of heavy soda ash is between 3,250 - 3,350 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; the production capacity of Henan Junhua, a soda ash enterprise, has gradually been released, and individual companies have temporarily stopped, and the overall market supply has not changed much; Demand for soda ash remains stable, and downstream companies just need to purchase. The soda ash market will continue to maintain stability in the short term.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on September 14, was 1790 yuan/ton, and finally closed at 1813 yuan/ton, holding 997985 positions.

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.