This week’s soda ash price was adjusted and operated as a whole (8.8-8.12)

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the monitoring data of the business agency, the soda price has been adjusted and operated as a whole this week. The average market price of light soda ash at the beginning of the week was 2700 yuan / ton, and the average market price at the weekend was 2690 yuan / ton, with a decrease of 0.37% and an increase of 24.39% over the same period last year. On August 11, the light soda ash commodity index was 137.95, which was the same as yesterday, down 27.05% from 189.10 points (2021-11-07), the highest point in the cycle, and up 118.45% from 63.15 points on November 18, 2015. (Note: the period refers to September 1, 2011 to now)

 

2、 Market analysis

 

According to the monitoring data of the business agency, the soda price of this week has been adjusted and operated as a whole. The current mainstream market price of light soda ash in East China is about 2600-2700 yuan / ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2700-2800 yuan / ton.

 

Demand: according to the monitoring of the business agency, the glass price rose slightly this week. The average price of glass on Monday was 19.59 yuan / square meter, and the average price on the weekend was 20.04 yuan / square meter. The price rose slightly during the week, with a range of 2.3%. The overall trading of the glass spot market improved. The increase in glass prices in some regions has driven the enthusiasm of traders and downstream processing enterprises to replenish goods and boosted market confidence.

 

povidone Iodine

According to the price monitoring of the business association, in the 31st week of 2022 (8.1-8.5), there were 1 rising commodity, 4 falling commodities and 0 rising and falling commodities in the price rise and fall list of chlor alkali industry. The main commodities rising were: calcium carbide (0.85%); The main commodities falling were hydrochloric acid (- 15.25%), light soda ash (- 2.87%) and PVC (- 1.58%). The average rise and fall of this week was – 3.95%.

 

According to the survey data of the business agency, the domestic soda price consolidation operation shows that the overall trading atmosphere is relatively weak. Although the downstream price of soda has increased, the boosting force is limited, and the purchase of soda is still based on demand. It is comprehensively predicted that the later period of soda price consolidation operation will be based on the downstream market demand.

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