Core Viewpoint - The domestic soda ash futures market is experiencing a downward trend, with prices showing weak performance and a decline of approximately 1.99% as of the latest report [1]. Group 1: Market Performance - The main contract for soda ash opened at 1357.00 CNY/ton and fluctuated between a high of 1359.00 CNY and a low of 1321.00 CNY [1]. - The overall market sentiment is weak, influenced by macroeconomic factors, leading to a bearish outlook for soda ash prices [1]. Group 2: Supply and Demand Analysis - The supply side remains high with production levels continuing to recover, while demand is primarily driven by basic needs, resulting in a lack of sufficient support from fundamentals [1]. - The soda ash market is characterized by weak supply-demand dynamics, with external factors gradually losing their positive impact on market sentiment [1]. Group 3: Future Expectations - Analysts predict that soda ash prices will continue to exhibit wide fluctuations, with short-term sentiment remaining weak [1]. - The short-term outlook for the soda ash 01 contract suggests a range-bound movement, with resistance around the 1355 CNY level, and a recommendation to either observe or consider short positions [1].
短期市场缺乏新增驱动 纯碱期货盘面区间偏弱震荡
Jin Tou Wang·2025-08-08 06:06