On February 5th, the overall capacity utilization rate of soda ash this week was 83.25%, a decrease of 0.94% compared to the previous week; soda ash production was 774,300 tons, a decline of 1.12%. PriceSeek's analysis of soda ash indicates a bullish-bearish score of 1. The article shows that the capacity utilization rate of soda ash has dropped to 83.25%, a decrease of 0.94% compared to the previous week, and production has fallen to 774,300 tons, a decline of 1.12%, indicating a contraction in supply, which may push up spot prices. Combined with soda ash futures data, the main contract, such as 2609, closed at 1,273 yuan/ton (settlement price 1,275 yuan/ton). Although it fell by 7 yuan compared to the previous day, the news of reduced supply may support a rebound in future futures prices, alleviating the current downward pressure. Score 1.0 (moderately bullish) is based on the moderate extent of supply reduction, which is favorable for price increases.
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