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Tangshan Sanyou and Haitian reduced production and ran, and the trend of soda ash was strong!

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2024-10-29 09:31:03
Gold Ten Futures October 29th news, soda ash main contract strong volatility, up nearly 2% in the day. SDIC Anxin Futures said that Tangshan Sanyou production reduction operation, coupled with the strong operation of glass, the strong trend of futures. Monday industry continued to accumulate, the current inventory accumulated to 1.663 million tons, downstream raw material inventory rose slightly to nearly 15 days. Haitian production reduction impact, weekly production fell slightly, but still maintained at a high level of 726,200 tons, this week Tangshan Sanyou production reduction operation. Spot light and stable operation, downstream procurement on demand, poor speculative demand. Heavy alkali rigid demand continues to decrease, float and photovoltaic glass further cold repair, photovoltaic is expected to two cold repair, float recently concentrated cold repair. The supply is running under high pressure, the demand side continues to decline, the industry is further accumulating, and soda ash is still facing the pattern of excess supply. However, the recent news of production reduction, cautious operation is the main focus, and specific production reductions are paid attention to.