1, driven by the soaring raw material soda ash: the rising price of raw materials needed for soda ash production, such as key raw materials such as sodium chloride, will lead to increased costs. This cost pressure is transmitted to the price of soda ash products in the market, pushing up its price.
2. Capital promotion: The capital flows into the market or investors are optimistic about the trend of soda ash futures, which can promote the price of soda ash to rise. When investors buy more contracts or hold more positions, the market demand increases, thus pushing up the price level formed within the exchange.