1、 Price trend

According to the commodity analysis system of Shengyi Society, the recent trend of soda ash prices has slightly decreased. As of August 25th, the average market price of soda ash was 1220 yuan/ton, a decrease of 4 yuan/ton compared to the soda ash price of 1224 yuan/ton on August 19th, a decrease of 0.33%.
2、 Market analysis
Recently, the soda ash market has been weak and consolidating. The operating rate of the supply side fluctuates narrowly, with a slight increase in soda ash production, and manufacturers maintaining a focus on active shipments; On the demand side, the downstream enthusiasm for purchasing goods is not high, and the glass market is relatively stable. The demand for enterprise replenishment is limited, and some soda ash has moved down to maintain the transaction price of shipments. The market’s strong supply and weak demand situation has not improved, and soda ash prices are running weakly. On August 25th, the price of light soda ash in East China remained at 1130-1400 yuan/ton; Light soda ash in Central China will be reduced by 10 yuan/ton, with a price range of 1130-1300 yuan/ton.
According to the commodity analysis system of Shengyi Society, the downstream glass market is weak and declining. From August 19th to 25th, the price of glass decreased from 14.28 yuan/square meter to 13.83 yuan/square meter, a decrease of 3.15%. The production line of the glass market operates stably, with accumulated inventory in enterprises and insufficient follow-up of downstream orders. Enterprises mainly ship on demand, resulting in limited market transactions and a weak downward trend in glass prices.
Future forecast: Currently, the price trend of soda ash is downward, and the mentality of industry players is weak. Downstream stocking willingness is not high, and there is a strong need to purchase when entering the market. Soda ash enterprises have accumulated inventory, and the fundamental supply exceeds demand. It is expected that the soda ash market will consolidate weakly in the later stage, and specific attention will be paid to downstream follow-up situations.