[Soda ash] October 7 Soda ash Daily Review

Analysis of soda ash market

After the holiday, China's soda ash market is operating weakly, and prices in some regions have been adjusted within a narrow range. As of now, the price of light soda ash in North China is 2,900 - 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 3,200 - 3,500 yuan/ton, and the price of heavy soda ash is 3,300 - 3,500 yuan/ton; The signing of new orders in the soda ash market before the holiday was general. During the holidays, the inventory of individual companies increased, mainly due to the increase in light soda stocks and a narrow reduction in market prices. After the holiday, some heavy soda in the market will not be quoted for the time being, and the downstream market will continue to need procurement. The market has a strong wait-and-see attitude.

market outlook

Enterprises undergoing early maintenance have basically returned to normal production, and the market operating rate has increased; downstream market demand has temporarily stabilized, and no new production lines have been put into operation yet. The mentality of some market participants has weakened, and soda ash prices in some areas are expected to operate in a weak manner in the later period.