[Soda ash] September 25 soda ash daily review

Analysis of soda ash market

Today, the price of soda ash in China is firm. As of now, the price of light soda ash in North China is 3,100 - 3,200 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 3,500 - 3,800 yuan/ton, and the price of heavy soda ash is 3,600 - 3,750 yuan/ton; Recently, the load on installations in Zhongyuan in Henan and Kunlun in Qinghai has dropped, and enterprises have temporarily stopped operations. However, production of enterprises undergoing pre-maintenance has resumed, and market starts have not changed much. As the holidays are approaching, individual companies purchase orders, and the overall increase in new orders in the market has not been much, and the downstream market has more to wait and see.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on September 25, was 1860 yuan/ton, and finally closed at 1801 yuan/ton, holding 835723 positions.

market outlook

Recently, the soda ash market has started at a high level, and under the expectation of increased supply, market inventories have accumulated slightly; while downstream market demand has not yet ignited new production lines, market purchasing sentiment is relatively cautious, and the soda ash market may show a volatile trend.