I. Price trend

According to the commodity analysis system of SunSirs, the price of light soda ash was reduced on May 27, and the market average price was 1,386 RMB/ton, which was 0.57% lower than the price of 1,394 RMB/ton on the previous trading day, and 1.56% lower than the beginning of the month.

II. Market analysis

On May 27, the soda ash market was weak and downward.

On the demand side, the terminal market transaction was limited, and the market purchase was just needed to follow up. The price of some areas in the downstream glass market was reduced, and the support for soda ash was weak;

On the supply side, Kunlun Alkali Industry's equipment resumed operation, the operating rate of the soda ash market increased, the mentality of the industry was poor, and the trading on the market was weak. The shipment of enterprises was general, and the soda ash quotation was weak and downward.

On the demand side: According to the commodity analysis system of SunSirs, the price of glass was stable on May 27, and the average market price remained unchanged at 14.40 RMB/square meter. The glass market has little change in equipment, the supply of goods is stable, the downstream purchasing enthusiasm is not high, a small amount of follow-up on demand, the glass market is slow to destock, and the glass price is weak and stable.

Forecast for the future market, the domestic soda ash operating rate is not high at present, the market supply is not under pressure, and enterprises mainly ship goods. The downstream glass market is general, the demand for soda ash is limited, and the maintenance of the supplier's equipment supports the price.

It is expected that the soda ash market will run smoothly, depending on the downstream market demand.

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