Price trend

According to monitoring data from Business Society, the trend of soda ash continued to decline in April. The average market price of light soda ash at the beginning of the month was 2760 yuan/ton. On April 19th, the average market price was around 2680 yuan/ton, with a price drop of 2.9%. The price of soda ash is in a weak trend.

Region/ Price/ Up and down (compared to the beginning of the month)

North China/ 2700-2800/. -100

East China/ 2500-2750/. -50

Huazhong/ 2500-2600/. -50

From the above figure, it can be seen that the price of soda ash has decreased by 50-100 yuan/ton in various regions this month, maintaining a weak and weak trend.

From the supply side perspective, the operating rate of soda ash remains relatively stable. Data shows that the overall operating rate of soda ash is around 90%, and there are currently no new maintenance plans in the near future.

In terms of demand: According to the commodity monitoring system of the Business Society, glass prices have risen this month, with an average market price of 19.73 yuan/square meter at the beginning of the month and 21.87 yuan/square meter on April 19th, with a price increase of 10.85%. The price of glass has slightly increased, but for light soda ash, it is still mainly purchased on demand, and the overall demand has not changed much.

Analysts from Business Society believe that according to the analysis system of Business Society, the price of domestic soda ash is weak, and the overall construction remains stable. The demand for downstream glass is average, and there is a strong wait-and-see sentiment. The supply and demand sides are still in a game, and it is expected that the weak and consolidation operation of soda ash prices will be the main trend in the later stage, with a specific look at downstream market demand.