1、 Price trend

According to the monitoring data of the business association, the price of soda ash was stable for the time being this week. From the beginning of the week to the end of the week, the average market price in East China was 1752 yuan / ton, up 12.07% from last year. On April 8, the commodity index of light soda ash was 89.85, unchanged from yesterday, down 23.77% from 117.86 (2017-11-21), the highest point in the cycle, and up 42.28% from 63.15, the lowest point on November 18, 2015. (Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

According to the business news agency, the domestic soda price is mainly stable for the time being, the start-up of the plant has little change, and there is no maintenance plan for the time being. Soda ash in Central China is in stable operation for the time being, and the current mainstream market price of light soda ash is about 1650-1750 yuan / ton. The main market price of light soda is about 1750-1850 yuan / ton. Soda ash in East China is in stable operation for the time being. The current mainstream market price of light soda ash is about 1700-1850 yuan / ton. The demand of downstream glass for soda ash is mostly on demand. It is expected that the price of soda ash will be strong in the short term. The overall change of soda ash is small, and multi-dimensional stable operation is dominant. Some data show that the inventory of soda ash is about 870000 tons, and the overall operating rate is maintained at 83%.

Upstream and demand: the overall supply of upstream raw salt is relatively stable, and the market trading atmosphere is acceptable. The price of downstream glass rose, stimulating the demand for soda, and the price of soda rose. However, the downstream glass is now in a wait-and-see state for high price alkali, and its acceptance is not high. The buyer and the seller start a price game.

According to the price monitoring of the business community, in the 13th week of 2021 (3.29-4.2), there were 3 kinds of commodities rising, 1 kind of commodity falling, and 1 kind of commodity falling to 0. The main commodities rising were hydrochloric acid (19.83%), light soda ash (0.92%) and PVC (0.14%); the main commodities falling were calcium carbide (- 2.33%). The average rise and fall this week was 3.71%.

Business analysts believe that: glass market prices to pull the demand for raw materials soda, soda prices continue to run strong. The rising price of downstream glass is good for soda ash, but there is still resistance to high price soda ash and a strong wait-and-see mentality. According to the comprehensive forecast, the short-term domestic soda price mainly fluctuates in a narrow range, and the specific situation depends on the downstream market demand.