Soda ash price consolidated this week (7.11-7.15)

1、 Price trend

 

Gamma Polyglutamic acid food grade

According to the monitoring data of the business agency, the price of soda ash was adjusted and operated this week. The average market price of light soda ash was 2910 yuan / ton at the beginning of the week and 2890 yuan / ton at the end of the week. The price fell by 0.69%, up 51.59% over the same period last year. On July 14, the commodity index of light soda ash was 148.21, down 0.51 points from yesterday, down 21.62% from the highest point of 189.10 in the cycle (2021-11-07), and up 134.70% from the lowest point of 63.15 on November 18, 2015. (Note: the period refers to 2011-09-01 to now)

 

2、 Market analysis

 

According to the monitoring data of the business agency, the price of soda ash was adjusted and operated this week. The mainstream market price of light soda ash in East China is about 2850-3000 yuan / ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2850-3000 yuan / ton.

 

On the demand side: according to the monitoring of the business agency, the glass price fell slightly this week. The average price of glass on Monday was 20.35 yuan / square meter, and the average price this weekend was 20.21 yuan / square meter. The price fell within the week, with a range of 0.69%. Raw material prices lack support for the glass market. The terminal real estate market has not improved significantly, downstream enterprises are not enthusiastic about purchasing, and the glass market is dominated by rigid demand. It is expected that the glass spot market will be weak in the short term.

 

Gamma Polyglutamic Acid

According to the price monitoring of the business community, in the 27th week of 2022 (7.4-7.8), there was a total of 1 commodity rising, 3 commodities falling and 1 commodity rising or falling to zero in the price rise and fall list of the chlor alkali industry. The main commodities rising are: calcium carbide (1.32%); The main commodities that fell were PVC (-5.42%), caustic soda (-0.65%), and light soda (-0.34%). The average rise and fall this week was -1.02%.

 

According to the analysts of the business agency, the survey data of the business agency shows that the price of soda ash is mainly stable and small, and the overall trading atmosphere is general. The overall wait-and-see attitude of the downstream, weak demand, the supply and demand game between the buyer and the seller, and it is comprehensively expected that the later soda ash price consolidation operation will be the main, depending on the downstream market demand.

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