1、 Price trend

According to the monitoring data of the business community, the price of soda ash this week was largely stable and slightly dynamic. The average market price of light soda ash was 2650 yuan/ton at the beginning of the week, and 2644 yuan/ton at the end of the week. The price fell 0.23%, down 27.31% from the same period last year. On November 10, the commodity index of light soda ash was 135.59, unchanged from yesterday, down 28.30% from the highest point of 189.10 (2021-11-07) in the cycle, and up 114.71% from the lowest point of 63.15 on November 18, 2015. (Note: Period refers to 2011-09-01 to now)

2、 Market analysis

According to the monitoring data of the business community, the overall price of soda ash this week is mainly stable, and the price is large, stable and small. The current mainstream market price of light soda ash in East China is about 2650-2800 yuan/ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2650-2750 yuan/ton. Data shows that the operating rate of soda ash this week is about 89%.

Demand: According to the monitoring of the business community, the price of glass fell this week. On Monday, the average market price was 19.63 yuan/square meter, and on the weekend, the average market price was 19.52 yuan/ton. The price fell 0.56%, down 23.96% year on year. The overall trading situation of the glass spot market is average. Transportation in some areas is affected to some extent. On the whole, the glass market is relatively flexible. Downstream processing plants mainly purchase on demand, and most manufacturers’ quotations are stable.

According to the price monitoring of the business community, there are 0 kinds of rising commodities, 2 kinds of falling commodities and 3 kinds of zero rising commodities in the price list of chlor alkali industry in the 44th week of 2022 (10.31-11.4). The main commodities falling were caustic soda (- 3.00%) and PVC (- 0.47%). The average rise and fall this week was – 0.7%.

Analysts from the business society believe that: according to the survey data of the business society, the price of domestic soda ash is generally stable and slightly dynamic. Recently, soda ash enterprises have started to work in a relatively stable manner. The overall trading and investment atmosphere is ordinary. The downstream of soda ash is still mainly purchased on demand. The upstream and downstream supply and demand play a game, and the price of soda ash is under pressure. It is estimated that the price of soda ash will be mainly consolidated in the later period, depending on the downstream market demand.