1、 Price trend

According to the monitoring data of business society, the price of soda ash was adjusted and operated this week. The average market price of light soda ash from the beginning of the week to the end of the week was about 2612.5 yuan / ton, an increase of 50.49% over the same period last year. On March 17, the commodity index of light soda ash was 133.97, the same as yesterday, down 29.15% from the highest point of 189.10 in the cycle (2021-11-07), and up 112.15% from the lowest point of 63.15 on November 18, 2015. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

According to the monitoring data of business agency, the price of soda ash has been stable for the time being this week. The mainstream market price of light soda ash in East China is about 2600-2700 yuan / ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2650-2800 yuan / ton. Data show that the overall operating rate of soda ash this week was 89.75%, the output of soda ash was 589200 tons, and the output of soda ash increased slightly.

Demand: according to the monitoring of business society, the glass price decreased this week. The average price of glass on Monday was 26.15 yuan / m2, and the average price at the weekend was 25.44 yuan / m2. The price decreased during the week, with a range of 2.72%. The glass spot market operated weakly and stably. In Shahe, North China, traders mainly ship flexibly, and downstream processing plants replenish goods on demand, which hinders the logistics in some areas. The overall production and sales of the market in East China weakened, mainly on the sidelines, with the transaction focus down. The overall production and sales in Central China are general, and the glass market price maintains stable operation. South China’s glass spot market operates steadily, with more wait-and-see in the downstream and just in need of procurement.

According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 10th week of 2022 (3.7-3.11), there were 3 kinds of commodities rising, 1 kind of commodity falling and 1 kind of commodity rising or falling to 0. The main commodities rising are: hydrochloric acid (7.91%), calcium carbide (3.16%), PVC (3.07%); The main commodities falling were caustic soda (- 1.18%). Both rose or fell by 2.59% this week.

Business analysts believe that soda ash market is stable and small, and market transactions have weakened. The trading atmosphere in the market is general, and the downstream purchases more on demand, which is resistant to high priced soda ash. The downstream procurement is cautious. It is comprehensively expected that the soda ash consolidation market will operate according to the downstream market demand.