1、 Price trend

According to the commodity analysis system of Shengyi Society, the price trend of soda ash remained stable this week. As of April 25th, the average market price of soda ash was 1400 yuan/ton, which was the same as the 1400 yuan/ton soda ash price on April 18th and a decrease of 2.37% from the beginning of the month.
2、 Market analysis
This week, the soda ash market has remained stable with small fluctuations, and prices in some regions have slightly decreased during the week. The operating rate of supply side equipment remains high, the market supply is sufficient, and enterprises maintain active shipment. Downstream consumption of inventory is the main factor, and the market buying sentiment is average. The demand for soda ash is limited, and on-site trading is weak. The overall transaction price of soda ash fluctuates slightly.
As of April 25th, the reference price for the soda ash market in East China is around 1280-1500 yuan/ton for light soda ash, which remains unchanged from last Friday; The reference price for the soda ash market in Central China is around 1240-1400 yuan/ton for light soda ash, a decrease of 20 yuan/ton compared to last Friday.
According to the commodity analysis system of Shengyi Society, the downstream glass market is running steadily. From April 18th to 25th, glass prices remained at 15.58 yuan/square meter. The capacity utilization rate of the glass market has slightly decreased, downstream demand is poor, market consumption is slow, glass inventory has accumulated narrowly, and market prices are stable and waiting to be seen.
In the future forecast, there will be maintenance plans for some domestic soda ash facilities, resulting in a decrease in capacity utilization and an improvement in market sentiment. However, in terms of demand, downstream entry enthusiasm is not high, and the situation of oversupply in the market still exists. It is expected that the soda ash market will operate steadily in the short term, and specific attention will be paid to downstream demand follow-up.