Yuanxing increases soda ash production, and the main contract for soda ash futures falls by more than 4%.

Jinshi Futures, April 30, Guangzhou Futures analysis pointed out that < br > 1. News, Yuanxing Energy said that the test operation of the fourth production line of the first phase of the Alxa trona project is underway, and strive to reach production before the end of June. The company will strive to promote the production of the first phase of the Alxa trona project production line and increase the output of soda ash. From a fundamental point of view, the maintenance in April slightly exceeded expectations, and the rigid demand was strengthened. The summer inspection market was hyped on the near-delivery disk. < br > 2. On the disk, last week, the price increase of the alkali plant sealing order was matched with the convergence basis. After the spot price rose rapidly on Monday, the downstream wait-and-see mood became stronger. The futures merchants bought the arbitrage single lock warehouse of the spot throwing plate. The market liquidity is poor, and the current futures price is slightly higher than the spot. The holiday is approaching, the hype has subsided, and the futures price has fallen rapidly. If the futures price continues to go down to the discount spot, the current inventory will be opened, and the supply will return to a loose state again. The short-term alkali plant still has the willingness to raise the price after the holiday. The spot is expected to stabilize the price, and the upstream and downstream prices are in a game. If the alkali price continues to rise, it is necessary for the alkali plant to land more maintenance plans or the downstream demand to exceed expectations. From the perspective of risk control, it is recommended to control the position before the festival and wait for the verification demand after the festival.