- Mall
- Supermarket
- Supplier
- Cross-Border Barter
- Industrial Data
- Warehouse Logistics
- Trade Assurance
- Expo Services
Analysis of soda ash market
Today, China's soda ash market is stable. As of now, the price of light soda ash in South China is 2,400 - 2,500 yuan/ton, and the price of heavy soda ash is 2,500 - 2,600 yuan/ton; 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 start-up of soda ash enterprises remains stable, and the overall market supply is sufficient. Some enterprises are affected by other factors and temporarily stop operations, but the overall impact is not significant; Downstream demand is average. Enterprises have basically completed stocking up before the year. Some companies have purchased a small amount. The soda ash market is operating stably.
Futures dynamics
According to data from Duoduo Glass, the opening price of SA2405, the main contract for soda ash, on February 7, was 1935 yuan/ton, and finally closed at 1946 yuan/ton, with the highest being 1960 yuan/ton and the lowest being 1921 yuan/ton. The position was 436420 lots, a month-on-month-24466 lots. Today, the soda ash market continued to fluctuate mainly within a narrow range. Due to the holiday guarantee, funds from reducing positions within the day mainly flowed out. At present, market transactions are sluggish, inventory pressure on individual manufacturers is increasing, and expectations of accumulating stocks are suppressed strongly during the Spring Festival holiday. After the holiday, we need to pay attention to whether the accumulating stock is in line with the balance sheet deduction expectations in order to achieve further downward driving. If the changes in the inventory structure of soda plants are limited, attention should be paid to the mentality and pace of downstream replenishment after the holiday.
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, and the market transaction atmosphere has been light. Before the holiday, the market will wait and see more, and enterprises will wait for the market after the holiday.
