China’s domestic soda ash market is running steadily this week (8.12-8.16)

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. The light soda commodity index on August 16 was 85.98, which was the same as yesterday. It was 27.05% lower than the cyclical peak of 117.86 points (2017-11-21), and 36.15% higher than the lowest point of 63.15 on November 18, 2015. (Note: Period refers to 2011-09-01 to date)

Azodicarbonamide (AC foaming Agent)

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.

EDTA

Industry chain: the downstream cryolite plant is running normally at present, the factory stock is sufficient and pressure-free, and 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 be depressed, the main body of upstream and downstream trade is cautious, and some enterprises are to protect it. Goods continued to focus on sodium sulfite market prices, domestic sodium pyrosulfite market prices continued to operate at a low level this week. This week, downstream glass market performance is relatively strong, downstream processing enterprises orders are rising steadily, with the arrival of the traditional sales season, traders actively follow up the stock.

Industry: Affected by typhoon this week, soda factory start-up load is not high, slightly decreased, downstream demand is flat, no obvious improvement, 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.

Melamine