1、 Price trend

According to the commodity analysis system of Shengyi Society, the price of light soda ash decreased on May 27th, with a market average price of 1386 yuan/ton, a decrease of 0.57% compared to the previous trading day’s price of 1394 yuan/ton, and a decrease of 1.56% compared to the beginning of the month.
2、 Market analysis
On May 27th, the soda ash market experienced a weak downward trend. On the demand side, there is limited transaction volume in the terminal market, and there is a need to follow up on market purchases. Prices in some areas of the downstream glass market have been lowered, resulting in weak support for soda ash; On the supply side, the operating rate of the soda ash market has increased, but the mentality of the industry is not good. At the same time, there is weak trading in the market, and the shipment of enterprises is average. The soda ash quotation is weakly lowered.
On the demand side: According to the commodity analysis system of Shengyi Society, glass prices remained stable on May 27th, with the market average price remaining unchanged at 14.40 yuan/square meter. The glass market equipment has not changed much, the supply of goods is stable, the downstream purchasing enthusiasm is not high, a small amount is followed up according to demand, the glass market is slow to clear inventory, and the glass price is weakly stable.
Future forecast: Currently, the operating rate of soda ash in China is not high, and there is no pressure on market supply. Enterprises mainly ship their products. The downstream glass market is average, and the demand for soda ash is limited. The maintenance of supplier equipment will support the price. It is expected that the soda ash market will operate steadily, depending on downstream market demand.