1、 Price trend

According to the commodity analysis system of Shengyi Society, the recent trend of soda ash prices has decreased. As of June 30th, the average market price of soda ash was 1264 yuan/ton, a decrease of 20 yuan/ton compared to the June 23rd soda ash price of 1284 yuan/ton, a decrease of 1.56%.
2、 Market analysis
Recently, the soda ash market has been weak and declining. The operating rate of supply side equipment remains high, the market inventory has increased, and the sales pressure of soda ash enterprises is significant; The downstream market is lukewarm, terminal trading is limited, downstream demand for soda ash is average, soda ash companies have poor shipments, and the market transaction center has shifted downwards.
As of June 30th, the reference price for soda ash in North China is around 1180-1250 yuan/ton for light soda ash, with a reduction of 80-150 yuan/ton; The mainstream quotation for light soda ash in East China is around 1140-1300 yuan/ton, with a reduction of 30-100 yuan/ton; The mainstream quotation for light soda ash in Central China is around 1130-1300 yuan/ton, and the price remains stable.
According to the commodity analysis system of Shengyi Society, the downstream glass market is weak and limited. From June 23rd to 30th, glass prices remained at 13.82 yuan/square meter with no significant fluctuations. The downstream consumption of glass is slow, with a small amount following up on demand. The glass market is generally overstocked, and companies are adopting a wait-and-see attitude. The price market is operating steadily.
Future forecast: Currently, the utilization rate of soda ash production capacity is running at a high level, with significant inventory pressure on soda ash enterprises and flat downstream transactions. The demand for soda ash is limited, and there is a clear supply-demand contradiction in the market. It is expected that the soda ash market will continue to operate weakly in the later stage, and specific attention should be paid to downstream demand follow-up.