1、 Price trend
According to the monitoring data of the business agency, the domestic soda ash market has stabilized temporarily this week. The average market price from the beginning of the week to the end of the week in East China was 1866.67 yuan / ton, up 5.07% over the same period last year. On October 29, the commodity index of light soda ash was 95.73, which was the same as yesterday, decreased by 18.78% from the highest point of 117.86 point (2017-11-21), and increased by 51.59% compared with the lowest point of 63.15 on November 18, 2015. (Note: period refers to 2011-09-01 to now)
2、 Market analysis
According to the business agency, the domestic soda ash market is temporarily stable, the market atmosphere is light, and downstream manufacturers are cautious and wait-and-see attitude. The price of soda ash in Shandong is stable for the time being, and the mainstream light caustic soda is quoted at 1850-1950 yuan / T. the market atmosphere is fair, and the downstream manufacturers are cautious. It is expected that the price of soda ash will be stable in the short term. For the price of soda ash in Central China, the mainstream market price of light soda ash is about 1650-1750 yuan / ton, and the market atmosphere is OK. However, the overall downstream manufacturers are cautious, and it is expected that the price of soda ash will be stabilized in the short term.
Raw materials: domestic crude salt trading atmosphere is good this week, and prices in some regions are stable and rising. The operation of sea salt is stable, the well and mineral salt areas perform well, and the price rises. The performance of lake salt is not good, the downstream purchasing intention is not good, and the market performance is weak.
Demand: with the change of weather in northern China, the pace of rush work is still accelerating, which also increases the market demand for glass spot. At the same time, the production enterprises also increased their own inventory clearance efforts, striving to reduce the inventory to the minimum before the off-season. In terms of spot price, it is basically to stabilize the market transaction price, and manufacturers in some regions are slightly flexible. But generally speaking, the price adjustment is not large in the short term.
According to the price monitoring of the business agency, in the 42 th week (10.19-10.23) of 2020, there are 3 kinds of commodities rising and 0 kinds of falling commodities, and 2 kinds of commodities are up and down. The main commodities that rose were hydrochloric acid (3.54%), calcium carbide (1.22%) and PVC (0.72%); all of them rose or fell by 1.1% this week..
Analysts of business agency believe that: the performance of soda ash market is weak, downstream manufacturers purchase on demand, enterprises actively ship, downstream procurement is mainly on-demand procurement, traders hold a wait-and-see attitude, and they still hold a wait-and-see state for soda ash. The overall trend of the spot glass market is stable, mainly to stabilize the market transaction price, and manufacturers in some regions are slightly flexible. According to the comprehensive forecast, the domestic soda ash market will be stabilized temporarily, and the downstream market demand will be taken into consideration.
| sulphamic acid |