Soda ash price is weak this week (8.15-8.19)

1、 Price trend

 

Benzalkonium chloride

According to the monitoring data of the business association, the price of soda ash is weak this week. The average market price of light soda ash at the beginning of the week was 2660 yuan / ton, and the average market price at the weekend was 2610 yuan / ton, with a decrease of 1.88% and an increase of 17.3% over the same period last year. On August 18, the light soda ash commodity index was 134.36, which was the same as yesterday, down 28.95% from the highest point 189.10 in the cycle (November 7, 2021), and up 112.76% from the lowest point 63.15 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 association, the soda ash price is generally weak this week. The current mainstream market price of light soda ash in East China is about 2550-2700 yuan / ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2600-2700 yuan / ton.

 

Sodium Molybdate

Demand: according to the monitoring of the business agency, the glass price fell this week. The average price of glass on Monday was 20.08 yuan / square meter, and the average price on the weekend was 19.92 yuan / square meter. The price fell slightly during the week, with a range of 0.8%. The transaction volume of Shahe market this week is weaker than that of last week, and the transaction center of the market is declining.

 

According to the price monitoring of the business association, in the 32nd week of 2022 (8.8-8.12), there were 0 rising commodities, 2 falling commodities and 3 rising and falling commodities in the price rise and fall list of chlor alkali industry. The main commodities falling were PVC (- 1.96%) and light soda ash (- 0.37%). This week’s average increase or decrease was -0.47%.

 

According to the survey data of the business association, the domestic soda price is weak, the overall trading atmosphere is relatively weak, the glass market is declining, and the demand for soda is general. Most of the products are purchased on demand. It is expected that the soda price in the later period will be weak, depending on the downstream market demand.

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