According to the monitoring data of the business community, the average market price of soda ash will be about 2650 yuan/ton on November 2, 2022, and the price will remain relatively stable from September 2022. However, compared with the same period in 2021, the price of 3687.5 yuan/ton fell by 28.14%.
| PVA |
It can be seen from the annual comparison chart of soda ash that the price of soda ash in 2021 will be at a high level in the fourth quarter, of which the highest price will be about 3687.5 yuan/ton on November 6, 2021, which will run at a high level.
From the monthly K column chart of soda ash, it can be seen that in 2021, soda ash will rise in many years, with an increase of 34.05% in September. In 2022, the largest increase in soda ash will be 20% in February. Since March, the amplitude of soda ash has generally narrowed, mainly due to the weak supply and demand pattern.
In terms of supply, the supply of soda ash is loose. Some data show that the inventory of 1.8 million tons at the beginning of 2022. Although the total inventory of soda ash enterprises is 317000 tons, which has been kept low from the second half of the year, the soda ash industry will have about 1.2 million tons of new capacity from the end of this year to the first quarter of next year. Under the pattern of loose supply and demand, the price focus of soda ash will gradually move down.
From the perspective of demand, the terminal impact of the real estate is still relatively low, and there is no warming phenomenon. The demand for downstream float glass is general. It can be seen from the above figure that the price of glass will go down all the way in 2022. The average market price at the beginning of the year is 24.87 yuan/ton, and the average market price at the beginning of November is 19.73 yuan/ton, down 20.67%. The price of glass remained low and did not improve significantly.
According to the analysts of the business community, the overall starting level of soda ash supply is about 90%, the supply is relatively stable, and the operation of downstream float glass manufacturers has not improved significantly. The domestic real estate market is weak, the price of float glass has fallen for several consecutive months, and most of them are purchased on demand, with a strong wait-and-see attitude. It is estimated that the price of soda ash will still be adjusted slightly, depending on the downstream market demand.
| http://www.pva-china.net |