[Soda ash] January 22 Soda ash Daily Review

Analysis of soda ash market

Today, China's soda ash market is mixed. As of now, the price of light soda ash in North China is 2,300 - 2,400 yuan/ton, and the price of heavy soda ash is 2,400 - 2,500 yuan/ton; the price of light soda ash in Southwest China is 2,250 - 2,500 yuan/ton, and the price of heavy soda ash is 2,400 - 2,550 yuan/ton; Some enterprises in Central China stopped briefly last weekend. Today, the output of enterprises is recovering one after another, and the construction of other enterprises is basically stable; The stock sentiment in the downstream market is still good, corporate transactions have improved, light soda has been removed from inventory, and individual low prices in the southwest have increased, but the increase is still under pressure, and the soda ash market has maintained stability.

Futures dynamics

According to data from Boduo, on January 22, the opening price of SA2405, the main contract for soda ash, was 1910 yuan/ton, and the settlement price was 2013 yuan/ton. The highest price was 2085 yuan/ton and the lowest price was 1902 yuan/ton, with 457908 positions held.

market outlook

As the Spring Festival holiday approaches, market inquiries remain stable, corporate procurement overall is relatively good, and light soda is removed from stock, and the soda ash market may stop falling and stabilize.