[Soda ash] Daily Review of Soda ash on December 25

Analysis of soda ash market

Today, prices in some areas of China's soda ash market are weak. As of now, the price of light soda ash in Central China is 2,600 - 2,900 yuan/ton, and the price of heavy soda ash is 2,800 - 2,900 yuan/ton; the price of light soda ash in Northwest China is 2,550 - 2,800 yuan/ton, and the price of heavy soda ash is 2,650 - 2,850 yuan/ton; this week, due to the impact of equipment construction by individual companies, the output of the soda ash industry has limited improvement; At present, manufacturers still have some orders in hand. There is not much pressure on companies to ship, and market supply and demand are basically balanced. However, some manufacturers show signs of accumulating inventories. In order to actively ship, companies have adjusted prices within a narrow range, and the overall market price is firm.

Futures dynamics

According to data from Boduo, on December 25, the opening price of SA2405, the main contract for soda ash, was 2163 yuan/ton, and the settlement price was 2129 yuan/ton. The highest price was 2175 yuan/ton and the lowest price was 2088 yuan/ton, with 457605 positions held.

market outlook

The production and sales of the soda ash market have basically maintained a balance, and the overall operating pressure of the soda ash industry is not great. Near the end of the year, some companies have plans to stock up, and soda ash shipments may increase in the later period, but there is still some resistance to high-priced soda ash. It is expected that the soda ash market will remain volatile in the short term. operation.