Analysis of soda ash market
Today, China's soda ash market continues to operate stably. As of now, the price of light soda ash in Southwest China is between 2,250 - 2,500 yuan/ton, and the price of heavy soda ash is between 2,400 - 2,550 yuan/ton; the price of light soda ash in Northwest China is between 1,900 - 2,050 yuan/ton, and the price of heavy soda ash is between 2,000 - 2,150 yuan/ton; the supply of soda ash in the market is high, and there are no company maintenance arrangements in the near future; Market stocking has been completed one after another. Enterprises have mainly delivered early orders. Manufacturers 'inventories have shown a downward trend. Supply and demand in the soda ash market have maintained a balanced state, and prices have remained stable.
Futures dynamics
According to data from Boduo, on January 30, the opening price of SA2405, the main contract for soda ash, was 2010 yuan/ton, and the settlement price was 1992 yuan/ton, the highest was 2038 yuan/ton, the lowest was 1921 yuan/ton, with 474801 positions held.
market outlook
Before the holiday, market stocking has ended one after another. Soda ash companies have delivered some orders on hand. There is little pressure on manufacturers to ship, and the soda ash market will maintain stability in the short term.
