[Soda ash] Daily Review of Soda ash on December 18

Analysis of soda ash market

Today, China's soda ash market continues to operate stably. 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 North China is 2,800 - 2,900 yuan/ton, and the price of heavy soda ash is 2,950 - 3,100 yuan/ton; last week, the equipment of maintenance enterprises gradually resumed operation, and the market output has increased; At present, soda ash companies still have some orders in hand, manufacturers 'inventories are low, supply and demand in the soda ash market remain in a tight balance, and market prices are operating at a high level; demand in downstream industries is stable, but companies are still cautious in purchasing, and the soda ash market is stable.

Futures dynamics

According to data from Boduo, on December 18, the opening price of SA2405, the main contract for soda ash, was 2190 yuan/ton, and the settlement price was 2169 yuan/ton. The highest price was 2200 yuan/ton and the lowest price was 2132 yuan/ton, with 468457 positions held.

market outlook

Soda ash prices have remained stable at a high level, downstream industry demand has remained stable, market supply and demand have maintained a relatively tight balance, soda ash companies have little pressure on shipping, and the soda ash market continues to maintain stable operation.