Soda ash prices continued to decline this week (11.29-12.03)

1、 Price trend

 

EDTA

According to the monitoring data of business society, soda ash prices are weak this week. The average market price of light soda ash at the beginning of the week was 3387.5 yuan / ton, and the average market price on Friday was about 3200 yuan / ton, down 5.54% and up 110.25% over the same period last year. On December 2, the commodity index of light soda ash was 164.10, down 5.77 points from yesterday, down 13.22% from the highest point of 189.10 points in the cycle (2021-11-07), and up 159.86% from the lowest point of 63.15 points on November 18, 2015. (Note: the period refers to the period from September 1, 2011 to now)

 

2、 Market analysis

 

According to the monitoring data of business society, the price of soda ash is weak this week. The mainstream market price of light soda ash in East China is about 3200-3400 yuan / ton. The price of soda ash in North China is relatively strong, and the current market price of light soda ash is about 3300-3500 yuan / ton. On the whole, the short-term soda ash price is weak, mainly running. The manufacturer actively shipped, and the actual transaction was average. Data show that the overall operating rate of soda ash during the week was 81.91%, up 6.82% month on month. During the week, the output of soda ash was 582900 tons, an increase of 48500 tons. The unit was started and resumed within the week, and the output increased.

 

Demand: glass prices rose this week, with an average market price of 24.73 yuan / m2 at the beginning of the week and 25.08 yuan / m2 at the weekend, with a price increase of 1.42%. This week, most manufacturers in Shahe market sold well, inventory decreased, processing plants prepared goods appropriately, the price was stable, and the market price of some brands and specifications increased slightly.

 

Sodium Molybdate

According to the price monitoring of the business society, in the price rise and fall list of chlor alkali industry in the 47th week of 2021 (11.22-11.26), there were 3 kinds of commodities rising, 2 kinds of commodities falling and 0 kinds of commodities rising or falling to 0. The main commodities rising are: calcium carbide (2.60%), PVC (1.52%), hydrochloric acid (0.65%); The main commodities falling were caustic soda (- 5.61%) and light soda (- 2.12%). The average rise and fall this week was – 0.59%.

 

Business analysts believe that soda ash inventory increases and the market atmosphere is general. Downstream glass prices rose slightly, mainly on-demand procurement, with strong wait-and-see mood. He is resistant to high priced soda ash. The inventory of the enterprise increases, the downstream procurement is general, and it is comprehensively expected that the soda ash is weak in the later stage.

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