News Summary Core Viewpoint - The domestic soda ash market is experiencing fluctuations in supply and demand, with production levels stabilizing and prices under pressure due to various market dynamics [1][2][3]. Group 1: Market Conditions - Qinghai's 1.1 million tons per year soda ash facility is operating stably, while Shaanxi Xinghua's 300,000 tons facility is running at reduced capacity [1]. - Current light soda ash prices are at 1,350 RMB per ton, with major regional prices for heavy soda ash ranging from 1,100 to 1,600 RMB per ton [1]. - As of April 10, 2025, total inventory of soda ash in China is 1.693 million tons, a decrease of 0.009 million tons (0.53%) from the previous week [1]. Group 2: Institutional Perspectives - Guotou Anxin Futures notes that soda ash is experiencing narrow fluctuations, with production levels rebounding due to the resumption of operations at Jinshan [2]. - The impact of U.S. tariffs on soda ash imports is limited, as the U.S. is not a major supplier, and the overall market remains stable despite some pressure from supply and demand dynamics [2]. - Ningzheng Futures indicates that the float glass industry is stable, with minor price adjustments in specific regions, while the soda ash market remains low with subdued trading activity [3].
短期检修预期较少 纯碱期价预计高位承压格局
Jin Tou Wang·2025-04-14 08:40