[Soda ash] Daily Review of Soda ash on November 30

Analysis of soda ash market

Today, prices in some areas of China's soda ash market have increased. As of now, the price of light soda ash in Northwest China is 2,450 - 2,550 yuan/ton, the price of heavy soda ash is 2,500 - 2,600 yuan/ton, and the price of light soda ash in South China is 2,950 - 3,050 yuan/ton, and the price of heavy soda ash is 3,100 - 3,300 yuan/ton; Recently, the price of soda ash market has continued to rise, and the current price has risen to a high level; For equipment maintenance by individual enterprises in the northwest region, the overall market is still at a high level, but manufacturers 'stock prices are still tight, and the soda ash market is operating steadily at a high level.

Futures dynamics

According to data from Boduo, on November 30, the opening price of SA2401, the main contract for soda ash, was 2380 yuan/ton, and the settlement price was 2404 yuan/ton. The highest price was 2458 yuan/ton and the lowest price was 2359 yuan/ton, with 619093 positions held.

market outlook

The inventory of manufacturers in the soda ash market is tight, and some companies are strongly willing to increase. The price of soda ash has gradually risen to a high level. The resistance of downstream companies has also increased. The market has a strong wait-and-see attitude, and prices in some regions may rise slightly in the short term.