1、 Price trend

According to the monitoring data of the business community, the price of soda ash this week was largely stable and slightly dynamic. The average market price of light soda ash was 2638 yuan/ton at the beginning of the week and 2640 yuan/ton at the weekend. The price rose by 0.08%, down 12.73% compared with the same period last year. On December 11, the commodity index of light soda ash was 135.38, unchanged from yesterday, down 28.41% from the highest point of 189.10 (2021-11-07) in the cycle, and up 114.38% 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 this week is mainly stable, and the price is large, stable and small. The current mainstream market price of light soda ash in East China is about 2550-2750 yuan/ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2650-2750 yuan/ton. At present, soda ash enterprises maintain low inventory.

Demand: According to the monitoring of the business community, the price of glass fell this week. On Monday, the average market price was 18.33 yuan/square meter, and on the weekend, the average market price was 18.08 yuan/ton. The price fell 1.36%, down 30.94% year on year. The spot glass market continued to decline slightly this week. As the demand for expediting at the end of the year is fair in the south, the market demand for entering winter in the north is light, and the winter storage plan is less than expected. The spot delivery of glass is flexible.

According to the price monitoring of the business community, there are 2 kinds of rising commodities, 3 kinds of falling commodities, and 0 kind of zero rising or falling commodities in the list of prices of chlor alkali industry in the 49th week of 2022 (12.5-12.9). The main commodities that rose were caustic soda (0.36%) and light soda ash (0.08%); The main commodities falling were hydrochloric acid (-2.25%), calcium carbide (-0.44%) and PVC (-0.14%). The average rise and fall this week was -0.48%.

Analysts from the business society believe that: according to the survey data of the business society, the price of domestic soda ash is generally stable and slightly dynamic. Recently, soda ash enterprises mainly maintain low inventory, and the overall trading and investment atmosphere is ordinary. The downstream of soda ash is still mostly purchased on demand. The game between upstream and downstream supply and demand is expected to be dominated by the consolidation of soda ash prices in the later period, depending on the downstream market demand.