This week (April 8-April 11, 2024), the prices of industrial chain products fluctuated at low levels. The market price of thermal coal has been reduced to 815 yuan/ton; the mainstream market price of light soda ash in East China is 1,900 yuan/ton, and the mainstream market price of heavy soda ash is 1,950 yuan/ton. The average price of domestic float glass market is 1,730 yuan/ton, up 0.93% month-on-month.
As of April 11, 2024, the national average float glass price was 1,733, an increase of 3 from the price on the 4th; this week, the national weekly average price was 1,725, a decrease of 19 from last week (1,744). (Unit: Yuan/ton)
This week, the trend of domestic soda ash is stable to strong, some companies have closed orders, and some companies have raised prices, boosting sentiment.
Analysis of steel mesh inventory: As of the week of April 10, building materials factory warehouses were 3.852 million tons, a decrease of 443,600 tons from the previous week, a decrease of 10.33%; building materials social warehouses were 7.1695 million tons, a decrease of 232,100 tons, a decrease of 3.14% from the previous week. %; building materials demand was 3.8386 million tons, a week-on-week increase of 22,700 tons.
Last week (2024.3.29-2024.4.3), the domestic soda ash market price declined weakly. As of last Wednesday (April 3), the current average market price of light soda ash was 1,906 yuan/ton, which was 20 yuan/ton lower than the price last Thursday; the average market price of heavy soda ash was 2,031 yuan/ton, which was lower than the previous price.
As of last Thursday, the average market price of sodium bicarbonate was 1,779 yuan/ton, which was the same as the average price two weeks ago. In terms of costs, soda ash prices are currently at a low level and the cost of sodium bicarbonate is stable, providing a certain basis for the stalemate.