[Soda ash] Daily Review of Soda ash on December 28

Analysis of soda ash market

Today, China's soda ash market is operating weakly and steadily. As of now, the price of light soda ash in the northwest region is 2,550 - 2,800 yuan/ton, and the price of heavy soda ash is 2,650 - 2,650 - 2,850 yuan/ton; the price of light soda ash in the southwest region is 2,850 - 2,900 yuan/ton, and the price of heavy soda ash is 3,000 - 3,100 yuan/ton; the recent transaction atmosphere in the soda ash market has been general, and the construction of individual companies has adjusted, and the overall change has not been large; Demand in the downstream market is basically stable, the market has a strong wait-and-see attitude, and the soda ash market is operating weakly in the short term.

Futures dynamics

According to data from Boduo, on December 28, the opening price of SA2405, the main contract for soda ash, was 2080 yuan/ton, and the settlement price was 2049 yuan/ton. The highest price was 2080 yuan/ton and the lowest price was 2022 yuan/ton, with 468558 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 stock plans, and soda ash shipments may increase in the later period, but they still have resistance to high-priced soda ash. Enterprises wait and see, and the soda ash market will stabilize and weaken.