1、 Price trend

According to the monitoring data of the business association, the price of soda ash was stable for the time being this week. From the beginning of the week to the end of the week, the average market price in East China was 1752 yuan / ton, down 11.66% year on year. On April 24, the commodity index of light soda ash was 89.85, unchanged from yesterday, down 23.77% from 117.86 (2017-11-21), the highest point in the cycle, and up 42.28% from 63.15, the lowest point 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 the business club, soda ash in East China has been operating steadily and dynamically, and the current mainstream market price of light soda ash is about 1700-1850 yuan / ton. The main market price of light soda is about 1750-1850 yuan / ton. The main market price of light soda is about 1650-1750 yuan / ton, and the price of downstream glass may play a leading role in soda. Generally speaking, the price of short-term soda is mainly consolidated. The total inventory of soda ash is large, but there is still uneven distribution. Some data show that the overall inventory of domestic soda ash is about 890000 tons, and now most of the orders are executed in the early stage.

Upstream and demand: upstream: the national raw salt market is mainly stable, and the market atmosphere is stable. Salt enterprises have sufficient inventory, and most of the downstream enterprises purchase on demand. It is expected that the short-term raw salt market will be stable for the time being. Glass prices in the lower reaches rose this week, and the overall market trading atmosphere was good. Upstream, the price of petroleum coke rose; Soda prices were relatively stable, while LNG prices fell. Downstream, in the real estate completion cycle, glass demand is good, domestic glass inventory fell to a new low in history. In the short term, the downstream support is fair, the glass market confidence is good, and the transaction focus is strong. It can support the price of soda, or stimulate the demand for soda. However, the downstream glass is now in a wait-and-see state for high price alkali, and its acceptance is not high. The buyer and the seller still play a price game.

According to the price monitoring of business association, in the price rise and fall list of chlor alkali industry in the 16th week of 2021 (4.19-4.23), there are 2 kinds of commodities rising, 0 kinds of commodities falling and 3 kinds of commodities falling to 0. The main commodities rising were calcium carbide (2.87%) and PVC (0.28%); The average rise and fall this week was 0.63%.

Business analysts believe that: the glass market price rise or pull the demand for raw material soda, downstream glass price rise, good soda, soda price support, but there is still resistance to high price soda, wait-and-see mentality is strong, and more on-demand procurement. According to the comprehensive forecast, the domestic soda price is still stable in the short term, and it mainly depends on the downstream market demand.