China’s domestic soda ash stable operation on April 28

According to the survey data of business associations, the average market price in East China is about 1983.33 yuan per ton. The light soda commodity index on April 27 was 101.71, which was the same as yesterday. It was 13.70% lower than the peak of 117.86 points in the cycle (2017-11-21), and 61.06% 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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Domestic soda market is mainly stable, the price is not adjusted for the time being, and enterprises are on the sidelines. The overall trend of soda ash in Shandong is temporarily stable. The current mainstream market price of light soda ash is about 1900-1950 yuan/ton, while the mainstream market price of heavy soda ash is 2000-2100 yuan/ton. The actual transaction is more flexible. It is expected that the latter stage of soda ash price will be more narrow-range consolidation market operation. The overall trend of soda ash in Hebei is stable. The mainstream market price of light soda ash is about 1950-2000 yuan/ton. The mainstream market price of heavy soda ash is 1950-2000 yuan/ton. The actual transaction is more flexible. It is expected that the price of soda ash will run smoothly in the later period. Downstream more on-demand goods, market stability is the main.

Soda analysts believe that: Soda market at the end of the month downstream wait-and-see purchasing, the trend is stable. The downstream demand performance is general. Some enterprises have sufficient pre-stocking. At present, most of them are purchasing on demand, and the inventory of soda enterprises is on the low side as a whole. It is expected that the domestic soda market will operate steadily in a multi-dimensional way in the short term, mainly on a wait-and-see basis, and specifically on the downstream market demand.

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