1、 Price trend

According to the monitoring data of the business community, the price of soda ash in this month is temporarily stable. The average market price of light soda ash at the beginning of the month was about 2670 yuan/ton, and the average market price at the end of the month was 2660 yuan/ton, down 0.37%, 25.59% compared with the same period last year. On October 27, the commodity index of light soda ash was 136.41, unchanged from yesterday, down 27.86% from the highest point of 189.10 (2021-11-07) in the cycle, and up 116.01% from the lowest point of 63.15 on November 18, 2015. (Note: Period refers to 2011-09-01 to now)

2、 Market analysis

According to the monitoring data of the business community, the overall price of soda ash in this month has been consolidated. The current mainstream market price of light soda ash in East China is about 2600-2850 yuan/ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2600-2700 yuan/ton. Some data show that the inventory of soda ash this week is about 310000 tons, and the overall operating rate of the industry is about 89%.

Demand: According to the monitoring of the business community, the overall price of glass in this month was consolidated. The average price of glass at the beginning of the month was 19.72 yuan/square meter, and the average price at the end of the month was 19.73 yuan/square meter, with a slight increase of 0.05%. On the whole, the spot price of glass market in October rose in the first ten days of October, and fell in the second ten days of October. The market trading and investment situation in North China Shahe region is general, the market price is relatively flexible, and the enthusiasm of traders and downstream customers to replenish goods is general. Later, they will wait and see more, and the overall manufacturer’s inventory has decreased. In East China, the market trading situation is general, the market price is more flexible, and the inventory is reduced slightly. The overall production and sales in central China are not good. The prices of manufacturers have been reduced sporadically. Downstream and traders have replenished goods as needed, and the inventory has increased. The spot delivery of glass in South China is general, and downstream enterprises replenish as needed, with production and sales basically balanced. The production and marketing in the southwest are basically balanced, and the downstream is more wait-and-see. The glass market in northwest China is average, and the inventory has increased. The market trend in Northeast China is general, and the procurement is mainly on demand.

According to the price monitoring of the business community, in the 42nd week of 2022 (10.17-10.21), there were 1 rising commodity, 2 falling commodity, and 2 zero rising and falling commodities in the chlor alkali industry price list. The main commodities that rose were hydrochloric acid (1.88%); The main commodities falling were caustic soda (-2.37%) and PVC (-0.69%). The average rise and fall this week was -0.23%.

Analysts from the business society believe that: according to the survey data of the business society, the domestic soda ash price is generally stable and slightly dynamic, but the overall trading atmosphere is relatively general. The downstream of soda ash is still mainly purchased on demand. Near the end of the month, the market will mainly operate stably, and it is expected that the price of soda ash will be consolidated in the later period, depending on the downstream market demand.