[Soda ash] Daily Review of Soda ash on December 11

Analysis of soda ash market

Today, China's soda ash market maintains stable operation. As of now, the price of light soda ash in North China is 2,800 - 2,900 yuan/ton, and the price of heavy soda ash is 2,950 - 3,100 yuan/ton; the price of light soda ash in Central China is 2,700 - 2,900 yuan/ton, and the price of heavy soda ash is 2,800 - 3,000 yuan/ton; Recently, the soda ash market has been operating well, and the market price has not fluctuated much. Some companies have repaired equipment and market start-ups have dropped slightly, but the overall impact is not significant; the inventory of soda ash manufacturers is still low, and companies are ordering orders and delivering orders on hand. The soda ash market is high, and the market will continue to maintain stability. operation.

Futures dynamics

According to data from Boduo, on December 11, the opening price of SA2401, the main contract for soda ash, was 2650 yuan/ton, and the settlement price was 2662 yuan/ton, the highest was 2711 yuan/ton, the lowest was 2605 yuan/ton, with 209792 positions held.

market outlook

There is little inventory pressure on soda ash companies, and the downstream market maintains just demand. Companies have successively delivered orders on hand. The price of soda ash is high. The purchasing caution in the downstream market has increased. The market has become more wait-and-see, and the price of soda ash remains high.