Price trend

According to the monitoring data of SunSirs, the price of soda ash rose in a narrow range in January. The average market price of light soda ash at the beginning of the month was 2,648 RMB/ton, and the average market price at the end of the month was about 2,694 RMB/ton, with a price increase of 1.74%, and up 23.15% from the same period last year.

The commodity index of light soda ash on January 30 was 137.23, which was the same as the previous day, down 27.43% from the highest point of 189.10 points (2021-11-07) in the cycle, and up 117.31% from the lowest point of 63.15 points on November 18, 2015. (Note: the period refers to September 1, 2011 to now)

Analysis review

According to the monitoring data of SunSirs, the overall price of soda ash rose in a narrow range this month. On the 31st, the mainstream market price of light soda ash in East China was about 2,650-2,750 RMB/ton. The price of soda ash in North China was temporarily stable, and the market price of light soda ash was about 2,650-2,780 RMB/ton. After the Spring Festival, the supply of soda ash was relatively stable and the price was relatively firm.

Demand: According to the monitoring of SunSirs, the price of glass rose this week. The average market price at the beginning of the month was 18.68 RMB/square meter, and the average market price at the end of the month was 19.77 RMB/square meter. The price rose 5.84%, down 23.55% year on year. The spot glass market continued to rise slightly, and the production and sales of the spot glass were OK.

According to the price monitoring of SunSirs, on January 30, 2023, there were 2 commodities that rose, 2 commodities that fell, and 1 commodity that did not rise or fall in the price list of chlor-alkali industry. The main commodities rising were PVC (3.03%) and light soda ash (0.38%); The main commodities falling were hydrochloric acid (-11.49%) and calcium carbide (-0.87%). The average daily rise and fall was -1.79%.

Market outlook

According to the survey data of SunSirs, the domestic soda price rose in a narrow range this month. After the Spring Festival, the supply of soda was relatively stable. The downstream glass mostly purchased on demand, and the soda price was relatively firm. It is comprehensively estimated that the price of soda ash will be stable and consolidated in the later period, depending on the downstream market demand.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com