1、 Price trend

According to the monitoring data of the business association, the domestic soda price is strong. On March 19, the average market price in East China was 1736 yuan / ton, while on March 15, the average market price in East China was 1696 yuan / ton, up 2.36%, 9.64% year-on-year. On March 18, the commodity index of light soda ash was 89.03, unchanged from yesterday, down 24.46% from 117.86 (2017-11-21), the highest point in the cycle, and up 40.98% 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 business news agency, domestic soda price is strong. The current mainstream market price of light soda ash in East China is about 1650-1750 yuan / ton, the current mainstream market price of light soda ash in North China is about 1650-1800 yuan / ton, and the current mainstream market price of light soda ash in Central China is about 1600-1700 yuan / ton. Data show that the overall operating rate of soda ash is 82.5%, up 1.83% month on month. In addition, some data showed that domestic soda inventory decreased. As of the week of March 18, the total inventory of domestic soda manufacturers was 951100 tons, with a decrease of 79700 tons per week, or 7.73%. The inventory of the same period last year was 1136600 tons, a year-on-year decrease of 185500 tons, a decrease of 16.32%. At present, the domestic soda price is strong, the overall market is stable, the market continues to move, there is order support, the enterprise is bullish, and the market liquidity is better than the previous period.

Upstream and demand: the upstream raw salt stock is sufficient, and the overall supply is relatively stable. Market trading atmosphere is good. The price of downstream glass rose, stimulating the demand for soda, and the price of soda rose. 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 start a price game.

According to the price monitoring of business community, in the 10th week of 2021 (3.8-3.12), the price of chlor alkali industry increased by 5 kinds of commodities, decreased by 0 kinds of commodities, and decreased by 0 kinds of commodities. The main commodities that rose were calcium carbide (12.07%), hydrochloric acid (7.89%) and caustic soda (2.16%), with an average rise and fall of 4.76% this week.

Business analysts believe that: glass market prices to pull the demand for raw materials soda, soda prices firm. The price of downstream glass rose and continued to be good for soda, but there was still resistance to high price soda. However, with the holding of the industry conference, soda enterprises had a strong price rising mentality. According to the comprehensive forecast, the domestic soda price is still strong in the short term, depending on the downstream market demand.