Analysis of soda ash market
Today, prices in some regions of China's soda ash market have been adjusted. 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 2,400 - 2,450 yuan/ton, and the price of heavy soda ash is 2,600 - 2,700 yuan/ton; downstream companies are still relatively cautious in purchasing, and the market has a strong wait-and-see attitude; Recently, the start-up of soda ash companies has remained stable, and the supply expectations of individual companies are still increasing. The soda ash market price has stabilized and weakened, and the market operation is still weak.
Futures dynamics
According to data from Boduo, on January 15, the opening price of SA2405, the main contract for soda ash, was 1832 yuan/ton, and the settlement price was 1834 yuan/ton, the highest was 1855 yuan/ton and the lowest was 1808 yuan/ton, with 523807 positions held.
market outlook
The soda ash market continues to operate weakly, and prices continue to fall. Although the Spring Festival holiday is approaching, the market's willingness to purchase has not increased significantly. The soda ash market continues to be weak, and prices are expected to fluctuate downward.
