Analysis of soda ash market
Today, the transaction atmosphere in China's soda ash market has gradually weakened. 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 Central China is 2,200 - 2,550 yuan/ton, and the price of heavy soda ash is 2,350 - 2,650 yuan/ton; as the Spring Festival holiday approaches, orders in the soda ash market have decreased, and prices have remained stable; Logistics and transportation affect company shipments, and some companies have increased their inventories; downstream companies have basically completed stocking, and market inquiries are weak, but soda ash manufacturers basically hold orders in hand, so companies have little pressure, and prices are temporarily stable.
Futures dynamics
According to data from Boduo, on February 6, the opening price of SA2405, the main contract for soda ash, was 1935 yuan/ton, and the settlement price was 1938 yuan/ton, the highest was 1958 yuan/ton, and the lowest was 1920 yuan/ton, with 460886 positions held.
market outlook
Enterprises in some regions have been on holiday one after another, coupled with limited logistics and transportation, market delivery orders have gradually decreased, the market transaction atmosphere has been light, the soda ash market has a price but no market, and market prices have remained stable.
