Soda ash prices were strong this week (8.9-8.13)

1、 Price trend

Azodicarbonamide (AC foaming Agent)

According to the monitoring data of business society, the price of soda ash is strong this week. The average market price at the beginning of the week was about 2137.5 yuan / ton, and the average market price at the weekend was 2187.5 yuan / ton, with a price increase of 2.37%, 58.13% over the same period last year. On August 12, the commodity index of light soda ash was 110.90, up 1.28 points from yesterday, down 5.91% from the highest point of 117.86 points in the cycle (November 21, 2017), and up 75.61% from the lowest point of 63.15 points on November 18, 2015( Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

According to the monitoring data of business agency, the mainstream market price of light soda ash in East China is about 2150-2250 yuan / ton. The price of soda ash in North China is relatively strong, and the mainstream market price of light soda ash is about 2200-2300 yuan / ton. The price of soda ash in Central China is relatively strong, and the current mainstream market price of light soda ash is about 2100-2200 yuan / ton. Generally speaking, the short-term high price of soda ash is dominated.

Demand: glass prices are stable this week. From the beginning of the week to the end of the week, the average price of the glass market is 38.62 yuan / m2. The glass spot market is basically stable, the trading market atmosphere is light, and the prices in some regions are adjusted sporadically. The shipments of enterprises in Shahe, North China are acceptable, the quotations of some manufacturers are slightly reduced, and the transactions of traders are more flexible. The overall trend of glass spot market in East China is general, and the quotation is basically stable. The production and sales in Central China are OK, and the shipment speed slows down. Glass shipments in South China are generally limited to films in some regions, and downstream processing enterprises are cautious when the quotation is high. On the whole, the manufacturers are mainly price stabilizing, the downstream is more wait-and-see, the procurement is more cautious, and the traders’ transactions are more flexible.

According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 31st week of 2021 (8.2-8.6), there were 0 kinds of commodities rising, 1 kind of commodities falling and 4 kinds of commodities rising and falling to 0. The main commodities falling were PVC (- 0.14%). The average rise and fall this week was – 0.03%.

Business analysts believe that the domestic soda ash price is light, the market is running, the market trading atmosphere is relatively stable, and the manufacturers are mainly active in shipping. Downstream glass prices are stable, which is still in a wait-and-see state for high priced soda ash. Generally speaking, soda ash tends to be strong in the later stage, and the market operation is mainly based on the downstream market demand.

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