1、 Price trend

According to the monitoring data of the SunSirs, the price of soda ash was strong this week. The average market price of light soda ash was 2790 RMB/ton at the beginning of the week and 2850 RMB/ton at the end of the week, up 2.15% and 62.86% over the same period last year.

2、 Market analysis

According to the monitoring data of the SunSirs, the price of soda ash was strong this week. The mainstream market price of light soda ash in East China is about 2800-2950 RMB/ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2850-3050 RMB/ton. Data show that the output of soda ash during the week was 597000 tons, an increase of 20800 tons, and the inventory of soda ash enterprises was 581300 tons.

Demand: according to the monitoring of the SunSirs , the glass price fell slightly this week. The average price of glass this week was 23.56 RMB/ square meter, and the average price this weekend was 23.32 RMB / square meter. The price fell by 1.02% during the week. The production and sales of Shahe in North China are average, the enthusiasm for replenishment in the downstream is not high, and the glass spot market price is slightly lowered. The overall production and sales of the market in East China are average, mainly on the sidelines. The overall production and sales in Central China are general, the shipment is flexible, and the downstream is more wait-and-see. The South China Glass spot market operates steadily, the downstream is more wait-and-see, the procurement is cautious, and the demand is the main demand.

According to the price monitoring of the SunSirs, in the 20th week (may 16-may 20) of 2022, there was one rising commodity, two falling commodities and two rising and falling commodities in the list of chlor alkali industry prices. The main commodities rising are: light soda ash (0.92%); The main commodities falling were caustic soda (-2.15%) and PVC (-0.12%). The average rise and fall this week was -0.27%.

According to the analysts of the SunSirs, the monitoring data of the SunSirs shows that the price of soda ash is mainly raised. The trading atmosphere in the market is stable. The downstream mainly purchases on demand and is resistant to the high price of soda ash. At present, most of the orders are executed in the early stage. It is comprehensively estimated that soda ash consolidation is mainly based on the downstream market demand.

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