Price Trend
According to the monitoring data of business associations, the stable operation of soda ash this week is dominant. At the beginning of the week, the average market price in East China was 1676.67 yuan/ton from the beginning of the week to the end of the week, down 21.04% from the same period last year. On August 23, the light soda commodity index was 85.98, which was the same as yesterday. It was 27.05% lower than the peak of 117.86 points (2017-11-21) in the cycle and 36.15% higher than the low of 63.15 points on November 18, 2015. (Note: Period refers to 2011-09-01 to date)
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II. Market Analysis
Products: This week, the domestic soda price maintained stable operation, the market is weak and stable, manufacturers have sufficient orders, the current domestic mainstream light soda factory price is 1520-1700 yuan/ton; domestic heavy soda mainstream to the terminal price is 1700-1850 yuan/ton, this week, the heavy soda market changes little, manufacturers shipment situation is relatively smooth, the market stock is bullish. It is expected that some manufacturers will implement the end-of-month pricing.
Industry chain: the downstream cryolite plant is running normally at present, the factory stock is sufficient and pressure-free, the ex-factory quotation is temporarily stable; the price of sodium pyrosulfite continues to run at the bottom this week, the overall market is still depressed, the cost of raw materials continues to depress, the upstream and downstream trading entities are cautious in buying and selling as a whole, and the downstream trading entities are watching. Attitude is strong, domestic sodium pyrosulfite market prices continued to operate at a low level this week. This week, the downstream glass market continued to rise, with a slight increase. The orders of downstream processing enterprises did not change significantly. There was a slight increase in the north, market demand was better, and TRADERS’enthusiasm for stock-up increased slightly.
| Sodium Molybdate |
Industry: This week the soda market reorganization operation is the main, soda manufacturers start-up load is not high, overhaul manufacturers increase, supply reduction, soda manufacturers maintain low inventory. Demand downstream is flat, and end users and some traders are generally motivated to get goods.
3. Future Market Forecast
Business analysts believe that this week, the domestic light alkali market has been running steadily, the number of maintenance manufacturers has increased, the supply of goods has decreased, and the inventory of soda manufacturers has remained low. It is expected that the soda market will run steadily in the short term, depending on the downstream market demand.
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