Current location - Trademark Inquiry Complete Network - Futures platform - Will the launch of Alxa soda ash impact the market?
Will the launch of Alxa soda ash impact the market?

Yes. According to the query of relevant information, soda ash has continued to fall in the past two days, with the 09 contract falling by nearly 8%, and the far-month contract falling significantly. The contracts in 01 and later fell below the ammonia-alkali process cost line to below 1,860 yuan/ton. There are market rumors that Yuanxing Energy may accelerate its production pace. The decline in futures prices is mainly stimulated by this news. The spot market is running weakly, and the price center of gravity in some areas has shifted downward. Downstream demand has been cautious, and procurement has been based on demand. The mood continues to be cautious.