1、 Price trend

According to the Commodity Analysis System of Business Society, the price of soda ash is temporarily stable. The average market price of light soda ash from June 20th to June 27th was 1960 yuan/ton, a decrease of 32.88% compared to the same period last year. On June 26th, the light soda ash commodity index was 100.51, unchanged from yesterday, a decrease of 46.85% from the cycle’s highest point of 189.10 points (2021-11-07), and an increase of 59.16% from the lowest point of 63.15 points on November 18th, 2015. (Note: The cycle refers to the period from September 1st, 2011 to the present)

2、 Market analysis

According to the Commodity Analysis System of Business Society, the price of soda ash has temporarily stabilized this week. The current mainstream market price of light soda ash in East China is about 1900-2100 yuan/ton. The current market price of light soda ash in North China is about 2000-2200 yuan/ton. Data shows that the weekly operating rate of soda ash is around 91%.

In terms of demand: According to the Commodity Analysis System of Business Society, glass prices are operating in a weak trend. On June 20th, the average market price was 22.06 yuan/square meter, while on June 27th, the average market price was 21.73 yuan/ton, a decrease of 1.36%, and a year-on-year increase of 4.34%. The market turnover in East China is general, and the downstream and traders just need to replenish. The market maintains stable operation. The overall production and marketing in Central China is average, the market price has slightly decreased, and downstream and traders just need to replenish. The spot trading situation of South China glass is average, and the market transactions are flexible. Forecast: the glass Spot market is weak in the short term.

According to the price monitoring of the Business Society, in the 25th week of 2023 (6.19-6.23), there were 0 products that rose or fell in the chlor alkali industry price list, 2 products that fell, and 5 products that rose or fell to 0. The main commodities falling include caustic soda (-1.92%) and flake soda (-0.40%). This week’s average increase or decrease was -0.33%.

According to the Commodity Analysis System of the Business Society, the domestic price of soda ash is temporarily stable and the price fluctuation is relatively small. The soda ash plant is relatively stable, and the overall trading atmosphere is acceptable. Recently, downstream soda ash has been purchased on demand, and there is a supply-demand game. Overall, it is expected that the price of soda ash will fluctuate in the later stage, depending on the downstream market demand.