Business： The price trend of soda ash continued to fall in September.

　　September 29, 2009, Business Society

　　I. Price trend

　　According to the commodity analysis system of the business community, the price of soda ash continued to decrease in September. At the beginning of the month, the average market price of light soda ash was 1810 yuan/ton at the beginning of the month, and the average market price at the end of the month was about 1614 yuan/ton, with a decrease of 10.83% in the month, down 47.77% compared with the same period of last year. On September 29th, the commodity index of light soda ash was 82.77, which was the same as yesterday, which was 56.23% lower than the highest point of 189.10 (November 7th, 2021) and 31.07% higher than the lowest point of 63.15 on November 18th, 2015. (Note: The cycle refers to the period from September 1, 2011 to the present)

　　Second, the market analysis

　　According to the commodity analysis system of the business community, the soda ash market continued to fall this month. On the supply side, the operating rate of soda ash is high, the output of soda ash is sufficient, the inventory pressure of enterprises persists, and the market confidence is insufficient; On the demand side, the terminal market is weak, which consumes more inventory, and the demand for soda ash is limited, and the market trading atmosphere is deserted. Under the game between supply and demand, the price of soda ash continues to decline weakly during the month. By September 29th, 2024, soda ash in East China was quoted, and the mainstream market price of light soda ash was about 1450-1600 yuan/ton, while soda ash in Central China was quoted, and the mainstream market price of light soda ash was about 1400-1550 yuan/ton.

　　Demand: According to the commodity analysis system of the business community, the trend of glass prices continued to decline this month. At the beginning of the month, the average market price of glass was 15.72 yuan/square meter, and at the end of the month, the average market price was 13.45 yuan/square meter, a decrease of 14.44%. The spot market of the glass market continues to be weak, the downstream demand is weak, the inventory is mainly consumed, the market turnover is insufficient, and the price market is weak.

　　According to the price monitoring of the business community, in the 39th week of 2024 (9.23-9.27), there were two kinds of commodities that rose, two kinds of commodities that fell and two kinds of commodities that rose or fell to zero. The main commodities rising are: calcium carbide (2.53%) and PVC (1.25%); The main commodities falling are: light soda ash (-2.77%) and baking soda (-1.48%). This week, the average price was -0.08%.

　　Forecast of market outlook: According to the commodity analysis system of the business community, the price of light soda ash in some areas has been slightly adjusted back recently. Although the operating rate of spot soda plants is still high and the supply of goods is sufficient, the downstream of the festival rose slightly, which boosted the soda ash market, and the operators’ intention to rise increased. It is expected that the price of soda ash will rebound slightly in the later period, depending on the downstream market demand.