Affected by the rise of downstream glass price, China Soda Ash price is running strongly.

Domestic Soda Ash price is rising. On March 1, the average market price in East China was 1586 CNY / ton, and on March 8, the average market price in East China was 1636 CNY / ton, up 3.33% from last year. On March 7, the commodity index of Soda Ash light was 82.87, unchanged from yesterday, down 29.69% from the highest point of 117.86 in the cycle (November 21, 2017), and up 31.23% from the lowest point of 63.15 on November 18, 2015. (Note: period refers to the period from September 1, 2011 to now)

On the one hand, the total inventory of domestic Soda Ash is large, but the regional distribution is uneven, and some manufacturers are short of inventory, which leads to the price rise; on the other hand, the price rise of downstream glass drives the price demand for Soda Ash; on the other hand, the recovery of downstream production and transportation leads to better market atmosphere and better trading atmosphere.

Upstream and demand: the upstream raw salt stock is sufficient, and the overall supply is relatively stable. Market trading atmosphere is good. With the start-up of downstream glass processing enterprises, the production and sales of the enterprises are getting better, the traders and processing plants are taking goods actively, the overall shipping speed of the enterprises is higher, the inventory drops obviously, and the intention of replenishing the warehouse is strong.

Glass market price rises confidence soars, pull to raw material Soda Ash demand. In addition, the national soda inventory is large, but the regional distribution is uneven, some manufacturers supply shortage, driving Soda Ash prices. According to the comprehensive forecast of short-term domestic Soda Ash prices firm operation, specific to see the downstream market deman