[Soda ash] Daily Review of Soda ash on November 14

Analysis of soda ash market

Today, China's soda ash market is operating stably. As of now, the price of light soda ash in South China is between 2,300 - 2,500 yuan/ton, and the price of heavy soda ash is between 2,500 - 2,600 yuan/ton; the price of light soda ash in North China is between 2,200 - 2,300 yuan/ton, and the price of heavy soda ash is between 2,300 - 2,500 yuan/ton; Today, the installation of individual enterprises has increased, and the market supply has increased slightly; At present, soda ash manufacturers have some orders in hand, and the inventory of some manufacturers is showing a downward trend. Downstream demand is supported, and the soda ash market is operating steadily.

Futures dynamics

According to Boduo data, the opening price of SA2401, the main contract for soda ash, on November 14, was 2069 yuan/ton, and finally closed at 2032 yuan/ton, holding 628728 positions.

market outlook

The supply and demand situation in the soda ash market has improved, the market transaction atmosphere has improved, manufacturers have increased orders, and the market has removed more stocks. Most manufacturers have not quoted new soda ash orders for the time being, and the soda ash market will stabilize and rise in the short term.