The soda ash market is picking up and prices are rising steadily (6.8 Weekly Review of soda ash)

1. Analysis of China's soda ash market

China's soda ash market has rebounded this week, and prices in some regions have risen. As of now, the mainstream ex-factory price of light soda in China this week is 1,850 - 2,050 yuan/ton, and the mainstream price of heavy soda delivered to the terminal is 2,000 - 2,200 yuan/ton; This week, China's soda ash market prices are steadily rising. Currently, the overall start-up of manufacturers remains high, and some manufacturers have undergone maintenance; due to the warming of market transaction atmosphere, manufacturers have increased new orders, and some companies have significantly digested their inventories; Due to the drop in soda ash prices to low levels in the early period, corporate profits have been greatly reduced, and market quotations have been firm; the overall downstream demand is still acceptable, and the demand for heavy soda remains positive. However, the float glass market is generally trading, and the sentiment towards the price of soda ash remains unchanged. Companies remain cautious in purchasing, but some soda ash manufacturers are reluctant to sell, and low-priced supplies in the market have decreased, and the soda ash market is operating well.

Forecast for next week: The order receiving situation in the soda ash market has improved significantly this week. There are not many companies in the market that have been overhauled recently. Some companies plan short-term overhauling in the second half of the month. The overall industry starts to remain at around 90%. Manufacturers 'inventories are not high, and companies have a strong mentality of stabilizing prices. However, as new production capacity will be released in the later market, market procurement is also more cautious. It is expected that the soda ash market will mainly stabilize in the short term.

2.  Comparison of market prices of soda ash in regions

Unit: yuan/ton

3. Soda ash process profit statement

As of June 8 this week, the profit of the combined alkali method was 771 yuan/ton, up 171 yuan/ton from the previous week; the profit of the ammonia-alkali method was 490 yuan/ton, up 7 yuan/ton from the previous week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 89.0%, down 1.0% month-on-month. Among them, ammonia and alkali manufacturers start operating on average 94%, combined alkali manufacturers start operating on average 84%, and natural alkali plants start operating on average 100%. According to incomplete statistics, the output of soda ash manufacturers this week is about 600,000 tons.

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 480,000 tons, compared with 518,000 tons last week, a month-on-month decrease of 38,000 tons, or 7.34%.