Analysis of soda ash market
Today, the price of soda ash in China is running firmly. As of now, the price of light soda ash in Northwest China is 2,600 - 2,900 yuan/ton, and the price of heavy soda ash is 2,700 - 3,000 yuan/ton; the price of light soda ash in Southwest China is 2,900 - 3,000 yuan/ton, and the price of heavy soda ash is 3,100 - 3,200 yuan/ton; Today, some soda plant units have been restored, Shandong Haitian construction has been gradually improved, Jiangsu Jingshen has started to resume full-capacity operation, and soda ash supply has increased at a high level. Currently, manufacturers still have some orders in hand, and company shipping pressure is not great; soda ash prices are high, and downstream companies are cautious about purchasing high-priced soda ash, and the soda ash market remains high.
Futures dynamics
According to data from Boduo, on December 14, the opening price of SA2405, the main contract for soda ash, was 2221 yuan/ton, and the settlement price was 2185 yuan/ton. The highest price was 2225 yuan/ton and the lowest price was 2140 yuan/ton, with 476507 positions held.
market outlook
There is little inventory pressure on soda ash companies, and the downstream market maintains just demand. Companies have successively delivered orders on hand. The price of soda ash is high. The purchasing caution in the downstream market has increased. The market has become more wait-and-see, and the price of soda ash remains high.
