Soda ash price is strong this week (8.30-9.3)

1、 Price trend

Sodium Molybdate

According to the monitoring data of business society, the price of soda ash is strong this week. The average market price at the beginning of the week was about 2312.5 yuan / ton, and the average market price at the weekend was 2337.5 yuan / ton, with a price increase of 1.08% and 43.11% over the same period last year. On September 5, the commodity index of light soda ash was 119.87, unchanged from yesterday, hitting a record high in the cycle, up 89.82% from the lowest point of 63.15 on November 18, 2015( Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

According to the monitoring data of business agency, the mainstream market price of light soda ash in East China is about 2300-2400 yuan / ton. The price of soda ash in North China is relatively strong, and the mainstream market price of light soda ash is about 2350-2450 yuan / ton. The price of soda ash in Central China is relatively strong, and the current mainstream market price of light soda ash is about 2300-2350 yuan / ton. Generally speaking, the short-term high price of soda ash is dominated. Data show that the overall operating rate of soda ash during the week was 77.27%, 77.58% last week and decreased by 0.31% month on month. The output of soda ash was 549900 tons, a decrease of 2200 tons.

Demand: according to the monitoring of business society, the price of glass in the spot market increased slightly. The average price of glass was 38.5 yuan / m2 last Friday and 38.62 yuan / m2 this Friday. The price rose slightly during the week, with a range of 0.34%. According to the monitoring of business agency, the price of glass in the spot market increased slightly. The average price of glass was 38.5 yuan / m2 last Friday and 38.62 yuan / m2 this Friday. The price rose slightly during the week, with a range of 0.34%.

According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 35th week of 2021 (8.30-9.3), there were 3 kinds of commodities rising, 2 kinds falling and 0 kinds rising or falling. The main commodities rising were: light soda ash (1.08%), PVC (0.80%), caustic soda (0.38%); The main commodities falling were hydrochloric acid (- 1.13%) and calcium carbide (- 0.92%). Both rose or fell by 0.05% this week.

Business analysts believe that the domestic soda ash price is light, the market is running, the market trading atmosphere is relatively stable, and the manufacturers are mainly active in shipping. Downstream glass prices are strong, and soda ash is mostly purchased on demand. Generally speaking, soda ash tends to be strong in the later stage, and the market operation is mainly based on the downstream market demand.

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