Price Trend
According to the monitoring data of business associations, the stable operation of soda ash this week is dominant. At the beginning of the week, the average market price in East China was about 1643.33 yuan/ton from the beginning of the week to the end of the week, down 22.61% from the same period last year.
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II. Market Analysis
Products: This week, the domestic soda price maintained stable operation, the market is stable and good, manufacturers have sufficient orders, the current domestic mainstream light alkali factory price is 1430-1650 yuan/ton; the domestic heavy alkali mainstream to the terminal price is 1650-1800 yuan/ton, this week, the heavy alkali market changes little, manufacturers shipment situation is relatively smooth, the market stock is bullish. It is expected that some manufacturers will implement the end-of-month pricing.
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Industry chain: the downstream cryolite plant is running normally at present, the manufacturer’s stock is sufficient and pressure-free, and the ex-factory quotation is temporarily stable; the price of sodium pyrosulfite continues to run at the bottom this week, the overall market is still depressed; the short-term downstream glass market mainstream or stable, with the traditional peak season approaching, the market is still not lack of exploratory operation.
Industry: In recent years, the starting load of domestic soda manufacturers has not changed much, the enthusiasm of downstream users and traders has increased, end users and some traders have entered the market to copy the bottom, and the inventory of soda manufacturers has continued to decline. In central and Eastern China, the joint alkali manufacturers control the orders, some of them keep sealing the orders, and some of them raise the low-end transaction price of light alkali by 20-30 yuan/ton.
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3. Future Market Forecast
Business analysts believe that: this week, the domestic light alkali market is steadily improving, the number of maintenance manufacturers has increased, the supply of goods has decreased, the inventory of soda manufacturers has continued to decline, soda manufacturers intend to raise prices. It is expected that the soda market will continue to grow steadily and moderately in the short term, depending on the downstream market demand.