[Soda ash] December 26 Soda ash Daily Review

Analysis of soda ash market

Today, China's soda ash market has stabilized and moved slightly, and low prices in some regions have adjusted back. As of now, the price of light soda ash in South China is 2,850 - 2,900 yuan/ton, and the price of heavy soda ash is 3,100 - 3,200 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; This week, due to the impact of equipment start-up by individual enterprises, it is relatively normal for other enterprises to start operations; At present, manufacturers still have some orders in hand, there is not much pressure on companies to ship, and manufacturers 'inventories remain at a low level; downstream market demand has not increased yet, prices have fallen, the soda ash market is weak, and the market has a strong wait-and-see attitude.

Futures dynamics

According to data from Boduo, on December 26, the opening price of SA2405, the main contract for soda ash, was 2130 yuan/ton, and the settlement price was 2128 yuan/ton. The highest price was 2155 yuan/ton and the lowest price was 2101 yuan/ton, with 461253 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.