[Soda ash] December 12 Soda ash Daily Review

Analysis of soda ash market

Today, the prices of individual companies in China's soda ash market have increased slightly. As of now, the price of light soda ash in the northwest region is 2,600 - 2,900 yuan/ton, and the price of heavy soda ash is 2,700 - 3,000 yuan/ton; the price of light soda ash in the southwest region is 2,900 - 3,000 yuan/ton, and the price of heavy soda ash is 3,100 - 3,200 yuan/ton; the price of soda ash is rising at a high level, companies have little pressure on shipping, and manufacturers 'inventories remain low; The overall supply of the industry remained high, and the production of individual manufacturers remained negative; downstream market demand was stable, supply and demand in the soda ash market basically remained balanced, and the soda ash market was operating well.

Futures dynamics

According to data from Boduo, on December 12, the opening price of SA2405, the main contract for soda ash, was 2280 yuan/ton, and the settlement price was 2294 yuan/ton. The highest price was 2323 yuan/ton and the lowest price was 2265 yuan/ton, with 514393 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.