Group 1 - The domestic futures market for the chemical sector is mostly in the red, with soda ash futures showing a downward trend, opening at 1296.00 CNY/ton and experiencing a drop of 3.00% to a low of 1257.00 CNY/ton during the session [1] - East China Futures analysis indicates that the soda ash market is under pressure due to high supply and inventory coupled with weak demand, leading to a short-term oscillation in prices [1] - Ningzheng Futures notes that while float glass production remains stable and inventory has slightly decreased, the overall domestic soda ash market is weak, with some production facilities gradually resuming operations, which is expected to increase overall output this week [1] Group 2 - Zhonghui Futures reports that the current transaction volume in the Shihe market is average, with prices declining and basis strengthening, while high inventory levels are being reduced [2] - The upstream production is expected to maintain high levels, with few maintenance activities scheduled for September, and demand primarily driven by essential needs [2] - The strategy suggests a continued loose supply-demand balance, with resistance at the 5-day moving average, indicating a bearish outlook for any potential price rebounds [2]
供需延续宽松格局 预计纯碱01合约短期震荡偏弱
Jin Tou Wang·2025-09-01 06:02