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Soda ash prices in most regions remained relatively stable this week, with no significant declines in the Northeast and North China markets. On the contrary, some companies still adopted upward tactics to increase their prices. The market in the northwest region has ample supply, and the ex-factory prices have kept a small increase. Market conditions in the southwest have begun to decline, and downstream demand is flat. The market prices in East China and South China are uneven, and the current arrival situation tends to be stable. The downstream demand is still not fully restored in some areas where the labor shortage is limited. The market in Central China is still not clear, and prices need to be viewed from behind.
As of the end of this week, the domestic mainstream prices of light alkali are: 1440-1470 yuan per ton in East China, 155-1505 yuan per ton in South China, 1420-1450 yuan per ton in North China, and 1550-1580 yuan per ton in Northeast China. Southwest China 1350-1370 yuan/ton, Central China 1350-1370 yuan/ton, Northwest China 1180-1250 yuan/ton. The domestic mainstream prices of heavy alkali are: 1505-1530 yuan/ton in East China, 1580-1620 yuan/ton in South China, 1480-1520 yuan/ton in North China, 1620-1670 yuan/ton in Northeast China, and 1450 yuan in Southwest China 1,500 yuan/ton, Central China region 1420-1450 yuan/ton, Northwest 1283-1330 yuan/ton.
According to the situation in this week's market outlook, the market has begun to appear loose, prices in the southwest have begun to decline, local abundant supply will inevitably flow to the surrounding areas such as Central China and South China, and the influx of imported goods will also be inhibited. Therefore, it is expected that The weekly soda ash market will experience a downward trend of varying degrees, but the scope will not be too large. North China, northwest, northeast, and other northern regions will still be dominated by stability.
The domestic soda ash market continues to maintain steady demand and continues to grow
The domestic soda ash market remained stable and the market demand also showed a good situation of continuous growth. In March, driven by the growth of fertilizers, pesticides, chemicals, petroleum, textiles, building materials and other industries, the demand for soda ash has gradually increased. In some parts of Central and South China, there has been a tight supply situation. The market demand for light soda ash is still growing faster than heavy soda ash. The steady increase in international market demand has also contributed to the domestic soda ash market activity. The production schedule of each soda ash production enterprise is very full, the operating rate of the equipment is basically kept at a high level, the sales are smooth, and the product inventory turnover rate is in a good state. In April, market demand will continue to increase, and market supply will remain relatively tight. The recent continuous increase in domestic coal prices has boosted the prices of electricity and water and other energy sources, which will likely further increase the price of soda ash.