1、 Price trend

According to the monitoring data of business society, the price of soda ash was adjusted and operated this week. The average market price of light soda ash at the beginning of the week was about 2600 yuan / ton, and the average market price at the weekend was 2612.5 yuan / ton, with a price increase of 0.48% and 49.12% over the same period last year. On April 10, the commodity index of light soda ash was 133.97, unchanged from yesterday, down 29.15% from the highest point of 189.10 in the cycle (2021-11-07), and up 112.15% from the lowest point of 63.15 on November 18, 2015. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

According to the monitoring data of business agency, the price of soda ash was adjusted and operated this week. The mainstream market price of light soda ash in East China is about 2600-2700 yuan / ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2700-2800 yuan / ton. Data show that the overall operating rate of soda ash in this week is 86.45%, and the output of soda ash in this week is 573000.

Demand: according to the monitoring of business society, the glass price rose slightly this week. The average price of glass on Monday was 24.14 yuan / m2, and the average price on the weekend was 24.44 yuan / m2. The price increased by 1.24% during the week. The North China Shahe glass market is mainly organized and operated. Affected by the epidemic, most of the logistics are blocked and the inventory is high. The overall market trading situation of the market in East China is general, wait and see, and the market price maintains stable operation. Central China is mainly stable, and the downstream is cautious in taking goods and wait-and-see. South China’s glass spot market operates stably, with more wait-and-see in the downstream and just in need of procurement. Forecast: in the short term, the glass spot market will focus on consolidation and operation.

According to the price monitoring of the business society, in the 14th week of 2022 (4.4-4.8), there were two kinds of commodities rising, two kinds of commodities falling and one kind of commodity rising or falling to zero. The main commodities rising are: caustic soda (9.04%), light soda ash (0.48%); The main commodities falling were calcium carbide (- 4.89%) and PVC (- 0.22%). The average rise and fall this week was 0.88%%.

Analysts of the business agency believe that: soda ash operates in a large, stable and small dynamic market, the market trading atmosphere is acceptable, and more and appropriate purchases are made in the downstream. Due to the impact of public health events, transportation is blocked. It is comprehensively expected that soda ash consolidation market will operate, depending on the downstream market demand.