videopokerbettingstrategy| Soda ash futures: Industry profits rebounded strongly, limited room for growth due to increased production capacity

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Soda ash futures market has performed strongly recently.VideopokerbettingstrategyIndustrial profits rebounded strongly, but supply pressure increased. Investors are advised to chase higher cautiously and pay attention to risk management.

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Soda ash futures prices have been strong recently, but investment should be cautious about the upper space. Trading sentiment in the chemical sector warmed up, and the price of soda ash hit a new high driven by funds. However, it should be noted that the market hype on the device may have an impact on the mentality of investors. As the May Day holiday approaches, terminal enterprises open the replenishment mode, promoting a small reduction in the inventory of soda ash manufacturers. The price of domestic spot market is stable, and the price of soda ash in some areas has been raised. On the supply side, the start-up and shutdown of soda ash plant coexisted last week, and the overall operating rate remained high. As of last Thursday, the operating rate of soda ash increased by 2 percentage points to 87.Videopokerbettingstrategy.61%. The rise in prices led to a strong rebound in industry profits, of which the profits of the combined alkali method and the ammonia-alkali method increased by 122.50 yuan / ton and 210.73 yuan / ton, respectively. Soda ash inventory, the basic balance of production and sales last week, factory inventory continued to decline, but the extent of removal is limited, inventory level is still in the middle of history. Downstream replenishment pace is slow, the market transaction performance is cautious. On the supply side, the output is expected to increase with the restoration of some maintenance equipment. Although there are not many planned maintenance enterprises in May, we need to pay attention to the maintenance trends of large enterprises. In addition, the domestic market began to purchase foreign soda ash, and it is expected that goods will arrive in Hong Kong one after another. On the demand side, float daily melting and photovoltaic production lines are stable, and soda ash consumption remains stable. The rise in soda ash futures prices is related to the peak demand season, limited inventory pressure and hype about summer maintenance themes. However, the supply pressure caused by the increase in production capacity can not be ignored, and higher prices may bring greater hedging pressure. In addition, a fire accident in Jingke Energy subsidiary may have a certain impact on soda ash demand. [strategic suggestion] Soda futures prices may enter a period of high shock adjustment, investors should be cautious, the original multi-order can consider to stop earnings or reduce holdings, new single high need to be cautious.