1、 Price trend

According to the monitoring data of the business association, the domestic soda price is rising. On March 1, the average market price in East China was 1586 yuan / ton, and on March 8, the average market price in East China was 1636 yuan / ton, up 3.33% from last year. On March 7, the commodity index of light soda ash was 82.87, unchanged from yesterday, down 29.69% from the highest point of 117.86 in the cycle (November 21, 2017), and up 31.23% from the lowest point of 63.15 on November 18, 2015. (Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

According to the business news agency, the domestic price of soda ash has risen. On the one hand, the total inventory of domestic soda ash is large, but the regional distribution is uneven, and some manufacturers are short of inventory, which leads to the price rise; on the other hand, the price rise of downstream glass drives the price demand for soda ash; on the other hand, the recovery of downstream production and transportation leads to better market atmosphere and better trading atmosphere. The price of soda ash in North China is relatively strong. The current mainstream market price of light soda ash is about 1650-1750 yuan / ton. Soda ash recovers slowly after the festival. The recent rise of glass price has a certain pulling effect on soda ash. It is expected that the price of soda ash will be relatively strong in the short term. The price of soda ash in Central China is relatively strong. The current mainstream market price of light soda ash is about 1550-1650 yuan / ton. Soda ash recovers slowly after the festival. The recent rise of glass price has a certain pulling effect on soda ash. It is expected that the price of soda ash will be relatively strong in the short term.

Upstream and demand: the upstream raw salt stock is sufficient, and the overall supply is relatively stable. Market trading atmosphere is good. With the start-up of downstream glass processing enterprises, the production and sales of the enterprises are getting better, the traders and processing plants are taking goods actively, the overall shipping speed of the enterprises is higher, the inventory drops obviously, and the intention of replenishing the warehouse is strong.

According to the price monitoring of business association, in the price rise and fall list of chlor alkali industry in the 09th week of 2021 (3.1-3.5), there are 4 kinds of commodities that rise, 1 kind of commodities that fall, and 0 kind of commodities that rise or fall to zero. The main commodities rising were hydrochloric acid (2.90%), light soda ash (1.89%) and calcium carbide (1.40%); the main commodities falling were PVC (- 2.00%). The average rise and fall this week was 1.06%.

Business analysts believe that: glass market prices rise, confidence increased, pull the demand for raw materials soda. In addition, the national soda inventory is large, but the regional distribution is uneven, and some manufacturers are short of supply, which drives the soda price up. According to the comprehensive forecast, the domestic soda price will be strong in the short term, and the demand of downstream market will be taken into consideration.