1、 Price trend

According to the commodity analysis system of Shengyi Society, the price trend of soda ash has continued to decline this week. As of June 13th, the average market price of soda ash was 1310 yuan/ton, a decrease of 1.36% compared to the June 6th soda ash price of 1328 yuan/ton, and a decrease of 5.48% compared to the beginning of the month.
2、 Market analysis
This week, the soda ash market is experiencing a weak downward trend. The supply side maintenance equipment has resumed operation, the operating rate of the equipment has increased, the market supply is sufficient, and the sales pressure of soda ash enterprises has increased; The downstream market is weak, terminal trading is sluggish, downstream demand is not high, and there is insufficient support for soda ash. The mentality of soda ash enterprises is poor, and the market transaction center continues to decline.
As of June 13th, the reference price for soda ash in North China is around 1260-1400 yuan/ton for light soda ash, with a reduction of 40 yuan/ton; The mainstream quotation for light soda ash in East China is around 1210-1400 yuan/ton, with a reduction of 70 yuan/ton; The mainstream quotation for light soda ash in Central China is around 1200-1330 yuan/ton, with a reduction of 20 yuan/ton.
According to the commodity analysis system of Shengyi Society, the downstream glass market is weak and limited. From June 6th to 13th, the price of glass decreased from 14.00 yuan/square meter to 13.80 yuan/square meter, a decrease of 1.43%. The downstream consumption of glass is slow, demand continues to be weak, the glass market has obvious inventory accumulation, and the shipment of enterprises is poor, resulting in a weak downward trend in price focus.
Future forecast: Currently, the utilization rate of soda ash production capacity has increased, leading to significant inventory pressure for soda ash enterprises. Downstream demand continues to be weak, resulting in limited consumption of soda ash and ongoing supply-demand conflicts within the market. It is expected that the soda ash market will be weak in the later stage of consolidation and operation, with specific attention paid to downstream demand follow-up.