[Soda ash] December 6 Soda ash Daily Review

Analysis of soda ash market

Today, China's soda ash market is operating steadily, and the prices of new orders in some regions have increased again. As of now, the price of light soda ash in South China is 3,100 - 3,200 yuan/ton, and the price of heavy soda ash is 3,200 - 3,300 yuan/ton; The price of light soda ash in Southwest China is 2,850 - 3,000 yuan/ton, and the price of heavy soda ash is 3,000 - 3,200 yuan/ton; the supply of soda ash in the market is high, and individual companies have increased the amount of equipment; At present, manufacturers 'inventories are still at a low level, and there is not much pressure on companies to ship. Manufacturers' inventories are still showing a downward trend. Some companies have closed orders and not quoted for the time being. Downstream demand remains stable. As soda ash prices rise to a high level, companies are cautious in purchasing new orders. Increase, the soda ash market will remain at a high level in the short term.

Futures dynamics

According to data from Boduo, on December 6, the opening price of SA2401, the main contract for soda ash, was 2760 yuan/ton, and the settlement price was 2719 yuan/ton, the highest was 2773 yuan/ton, the lowest was 2655 yuan/ton, with 383571 positions held.

market outlook

Soda ash companies have successively delivered orders in hand, manufacturers 'inventories are low, market spot supply is tight, and some companies have an intention to increase new orders. Demand in the downstream market remains stable, and soda ash market prices will remain high in the short term.