Weak price of soda ash this week (11.23-11.27)

1、 Price trend

 

According to the monitoring data of business agency, the domestic soda ash market is weak. The average market price is 1600 yuan / ton, down 1.64% compared with the same period last year. On November 26, the commodity index of light soda ash was 82.05, which was the same as yesterday, decreased by 30.38% from the highest point of 117.86 point (2017-11-21), and increased by 29.93% from the lowest point of 63.15 on November 18, 2015. (Note: period refers to 2011-09-01 to now)

 

2、 Market analysis

 

According to the business agency, the atmosphere of domestic soda ash market is light, and downstream manufacturers are cautious and wait-and-see attitude. The price of light soda ash in the mainstream market is about 1650-1750 yuan / ton. The market atmosphere is general, and the overall downstream manufacturers are cautious. It is expected that the price of soda ash will be weak and stable in the short term. The soda ash market in South China is weak. The mainstream market price of light soda ash is about 1700-1800 yuan / ton. The market atmosphere is general. The overall downstream manufacturers are cautious. It is expected that the price of soda ash will be weak in the short term.

 

Raw materials: domestic crude salt trading atmosphere is good this week, and prices in some regions are stable and rising. The operation of sea salt is stable, the well and mineral salt areas perform well, and the price rises. The performance of lake salt is not good, the downstream purchasing intention is not good, and the market performance is weak.

 

Demand: in recent years, the overall trend of glass spot market is stable, and there is a small regional differentiation in transactions. Mainly affected by the temperature, outdoor construction in some northern areas slowed down. The southern region is now in the peak sales season, and the terminal demand remains at a good level. In some regions, the transaction price has also been slightly adjusted. Generally speaking, with the change of market demand, the purchase intention of traders and processing enterprises has been adjusted.

 

Demand: ammonium chloride demand off-season, coupled with high inventory, it is expected that the market of ammonium chloride will continue to be weak and stable in the short term, and the price will continue to decline.

 

According to the price monitoring of the business agency, in the 46th week (11.16-11.20) of 2020, there are 3 kinds of commodities rising and 0 kinds of falling commodities, and 2 kinds of commodities are up and down. The main commodities that rose were calcium carbide (4.12%), PVC (3.58%) and hydrochloric acid (3.28%); this week, they all rose or fell by 2.2%.

 

Business agency analysts believe that: soda ash market performance is weak, downstream manufacturers purchase on demand, traders hold a wait-and-see attitude, market prices follow the market. According to the comprehensive forecast, the weak operation of domestic soda ash market in the short term is given priority to.

Gamma Polyglutamic Acid

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