News summary

Newsletter text

[The domestic soda ash market shows a weak and stable and volatile trendclassicroulette, market transactions show flexibility]

The soda plant units are operating stably and have maintenance plans, indicating supply.classicroulettedecline.

Although downstream demand is average, the market has a strong wait-and-see attitude, mainly based on on-demand procurement.

With the support of macro policies such as real estate policies, the expectation of production reduction in the soda ash industry, as well as the support of current arbitrage and inventory structure, have driven the market's medium-term trend to be strong.

Since April, the glass factory has begun to replenish the warehouse in advance in order to avoid the risks of the peak period of soda ash maintenance in the third quarter. Historical data shows that June to August is the critical period for soda plant maintenance.

If glass factories reduce purchases or deliver futures, it may put pressure on prices, but until long factors are falsified, the market trend is expected to continue to be strong.