Sodium Gluconate, a versatile organic salt with the chemical formula C6H11NaO7, has been making headlines recently due to its widespread applications and ongoing market developments. This article provides an overview of the latest news and developments surrounding Sodium Gluconate.
PVC: Maintenance is lower than expected, high inventory removal is slow, market prices rise sharply, and basis continues to weaken. The 05 delivery period has not returned yet, and the monthly premiums of each contract provide arbitrage space; part of the reason for the sharp rise in the market is that delivery is restricted;Strong short-term sentiment.
Soda ash: accumulation of storage, disk performance is stronger than expected, cautiously short position. Glass: Policy stimulus, commodities continue to rise, glass performance is weaker than expected, maintaining last week's short-term shocks on the strong side, medium-term bearish view.
PVC: Maintenance was concentrated in the middle and late May, and there was not much maintenance in June and July. The overall supply slightly exceeded expectations, the demand was lower than expected, exports did not exceed expectations, and inventory removal was slow. In 09, under low valuation + time value, it maintained 5900- 6100 fluctuates, and the upper edge of the breakthrough is bearish.
Soda ash: maintenance season does not go to the library, slightly higher valuation, disk high empty single temporarily hold Glass: supply reduction, demand stage improvement, short-term shock or slightly stronger, estimated that the upper space is not large (disk has been significantly reduced positions), medium-term attention short.
[Introduction] The fluctuation of soda ash spot market price is obviously driven by supply and demand. Inventory can reflect the results of the supply and demand game to a certain extent. Therefore, inventory has a certain impact on the soda ash market price, and the trends of the two generally show a negative correlation.
