1、 Price trend
According to the commodity analysis system of Business Society, the price of soda ash has been weak recently. At the beginning of June 17th, the average market price was 2120 yuan/ton. On June 26th, the average market price was 2090 yuan/ton, a decrease of 1.42% and an increase of 6.63% compared to the same period last year. On June 26th, the commodity index of light soda ash was 107.18, unchanged from yesterday, a decrease of 43.32% from the highest point of 189.10 points (2021-11-07) in the cycle, and an increase of 69.72% from the lowest point of 63.15 points on November 18th, 2015. (Note: The cycle refers to the period from September 1st, 2011 to present)
2、 Market analysis
According to the commodity analysis system of Business Society, the price of soda ash has been weak recently. Downstream enthusiasm is not high, and many market entries are followed up according to demand. The market trading atmosphere is average, and enterprise transactions are limited. With the accumulation of market inventory, the price of soda ash has been adjusted downward. As of June 26, 2024, the prices of soda ash in East China have mainly stabilized, with mainstream market quotations for light soda ash around 2000-2250 yuan/ton. The prices of soda ash in Central China have also stabilized, with mainstream market quotations for light soda ash around 1900-2100 yuan/ton.
In terms of demand: According to the commodity analysis system of Business Society, the price of glass has dropped. On June 17th, the market average price was 20.23 yuan/square meter, and on June 26th, the market average price was 19.82 yuan/square meter, a price drop of 2.03%. Glass downstream is purchased on demand.
According to the price monitoring of Business Society, in the 25th week of 2024 (6.17-6.21), there were 0 products that rose, 4 products that fell, and 3 products that rose or fell to 0 on the chlor alkali industry price list. The main commodities falling include PVC (-1.28%), light soda ash (-0.71%), and baking soda (-0.51%). The average increase and decrease this week is -0.43%..
According to the commodity analysis system of Business Society, the price of pure alkali is operating weakly, with slight fluctuations in spot alkali plant equipment and relatively high supply. In terms of downstream demand, procurement is not active, and multi-dimensional support is needed to replenish inventory. It is expected that the later stage of pure alkali consolidation may be weak, depending on downstream market demand.
| http://www.polyvinylalcohols.com |