Analysis of soda ash market
Today, China's soda ash market has stabilized and moved slightly. As of now, the price of light soda ash in North China is 3,100 - 3,200 yuan/ton, and the price of heavy soda ash is 3,300 - 3,450 yuan/ton; the price of light soda ash in Northwest China is 2,800 - 3,000 yuan/ton, and the price of heavy soda ash is 3,000 - 3,100 yuan/ton; soda ash companies have basically resumed normal production, and the market supply has gradually increased; At present, manufacturers still have some orders in hand, and the overall inventory of manufacturers remains low; however, with the increase in market supply and high market prices, the purchasing sentiment in the downstream market has weakened. Today, the price of new soda ash orders in the northwest region has dropped slightly, and the transaction price has increased. A single discussion.
Futures dynamics
According to Boduo data, the opening price of SA2401, the main contract for soda ash, on September 20, was 1906 yuan/ton, and finally closed at 1894 yuan/ton, holding 881374 positions.
market outlook
Recently, the overall operating rate of the soda ash market has increased; soda ash companies have ordered shipments, and some manufacturers have ordered orders until the end of the month; recent fluctuations in soda ash futures prices have had an impact on spot market procurement. Enterprises are more cautious in purchasing and maintain just-needed procurement. soda ash prices will continue to operate at a high level in the short term.
