Latest price of soda ash (heavy soda ash) (5-10): 2841.67 yuan/ton, bearish in the future

Analysis point: On May 10th, the price fell by 2.29% compared to the previous trading day. According to the Commodity Analysis System of Business Society, the overall price of domestic soda ash is weak. The construction of the soda ash plant is at a high level, and the market supply is relatively sufficient. The overall trading atmosphere is generally average, and downstream soda ash is still mainly purchased according to demand, with a strong wait-and-see sentiment. In the upstream and downstream supply and demand game, market participants have a strong bearish attitude towards the future market.

Future Market Forecast: Overall, it is expected that the price of soda ash will continue to be weak in the later stage, depending on downstream market demand.

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