[Soda ash] December 4 soda ash daily review

Analysis of soda ash market

Today, the price of soda ash in China is rising at a high level. As of now, the price of light soda ash in Central China is between 2,700 - 2,900 yuan/ton, and the price of heavy soda ash is between 2,800 - 3,000 yuan/ton; the price of light soda ash in East China is between 2,650 - 2,900 yuan/ton, and the price of heavy soda ash is between 2,850 - 3,000 yuan/ton; the equipment load of soda ash manufacturers such as Henan Jinshan, a pre-maintenance company, is gradually increasing, and market start-ups are gradually moving up; Recently, the soda ash market has maintained good operation. Manufacturers still have some orders to be issued. Manufacturers 'supply is still tight. Market prices have maintained a stable upward trend, and the soda ash market has shown an upward trend.

Futures dynamics

According to data from Boduo, on December 4, the opening price of SA2401, the main contract for soda ash, was 2540 yuan/ton, and the settlement price was 2603 yuan/ton. The highest price was 2666 yuan/ton and the lowest price was 2523 yuan/ton, with 518437 positions held.

market outlook

Soda ash companies have successively delivered orders in hand, manufacturers 'inventories are low, market spot supply is tight, some companies have renewed new orders, downstream market demand remains stable, and the soda ash market will continue to rise in the short term.