1、 Price trend

According to the Commodity Analysis System of Business Society, the price of soda ash is relatively strong. At the beginning of the week, the average market price was 2950 yuan/ton, while on the weekend, the average market price was 3000 yuan/ton, with a price increase of 1.69% and a decrease of 13.21% compared to the same period last year. On September 7th, the light soda ash commodity index was 152.31, unchanged from yesterday, a decrease of 19.46% from the cycle’s highest point of 189.10 points (2021-11-07), and an increase of 141.19% from the lowest point of 63.15 points on November 18th, 2015. (Note: The cycle refers to the period from September 1st, 2011 to the present)

2、 Market analysis

According to the Commodity Analysis System of the Business Society, the price of soda ash has remained strong this week. In the East China region, the operation of soda ash is relatively strong, and the mainstream market quotation for light soda ash is around 2900-3100 yuan/ton. In the East China region, the operation of soda ash is relatively strong, and the mainstream market quotation for light soda ash is around 2900-3100 yuan/ton. Data shows that the operating rate of soda ash this week is around 78%.

In terms of demand: According to the Commodity Analysis System of Business Society, the price of glass has slightly decreased, with an average market price of 23.69 yuan/square meter on Monday and 23.57 yuan/square meter on weekends. The price has decreased by 0.51%, with a year-on-year increase of 19.54%. The price of glass has been slightly adjusted, but there is still a demand for replenishment of soda ash.

According to the price monitoring of the Business Society, in the 35th week of 2023 (8.28-9.1), there were a total of 5 products that rose or fell in the chlor alkali industry price list, 0 products that fell, and 2 products that rose or fell to 0. The main commodities that have increased include: baking soda (10.13%), light soda ash (7.33%), and flake soda (2.90%); This week’s average rise and fall was 3.24%.

According to the Commodity Analysis System of Business Society, the domestic price of soda ash is strong and operating. The supply of soda ash is tight, and there is still a demand for replenishment in the downstream of soda ash in the near future. Purchasing is relatively active, and it is expected that the price of soda ash will be strong in the later stage, depending on the downstream market demand.