Analysis of soda ash market
Today, the price of soda ash in China is stable, and the supply of low-cost soda in the market continues to decrease. As of now, 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; The price of light soda ash in Northwest China is 1,900 - 2,050 yuan/ton, and the price of heavy soda ash is 2,000 - 2,150 yuan/ton; The overall start-up of soda ash enterprises is still at a high level. Recently, manufacturers have mainly delivered orders, and the inventory of some manufacturers has shown a downward trend. The market sentiment for stocking has improved, but procurement is still cautious, and the soda ash market price is operating firmly.
Futures dynamics
According to data from Boduo, on January 24, the opening price of SA2405, the main contract for soda ash, was 2142 yuan/ton, and the settlement price was 2108 yuan/ton. The highest price was 2160 yuan/ton and the lowest price was 2065 yuan/ton, with 467034 positions held.
market outlook
As the Spring Festival holiday approaches, market inquiries have improved more, corporate signings have gradually increased, manufacturers have removed more inventory, low-priced supplies in the market have shown a downward trend, and the soda ash market is operating well.
