[Soda ash] September 26 Soda ash Daily Review

Analysis of soda ash market

Today, the price of light soda ash in some regions of China has been adjusted within a narrow range. As of now, the price of light soda ash in East China is between 3,100 - 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 Central China is between 3,000 - 3,250 yuan/ton, and the price of heavy soda ash ash is between 3,100 - 3,350 yuan/ton; the installation start of soda ash enterprises remains normal, and the overall operating rate remains high; The light soda inventory of individual manufacturers in the market has accumulated within a narrow range, and the price of new orders has been lowered. The supply of heavy soda is still tight, and prices have remained firm. The overall soda ash market has not changed much.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on September 26, was 1805 yuan/ton, and finally closed at 1801 yuan/ton, holding 835040 lots.

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.