The soda ash market is mixed and the supply of some sources in the market is tight (6.29 Weekly Review of soda ash)

1. Analysis of China's soda ash market

This week, China's soda ash market is mixed. As of now, the mainstream ex-factory price of light soda in China is 1,880 - 2,050 yuan/ton, and the mainstream delivery price of heavy soda to the terminal is 1,980 - 2,200 yuan/ton. This week, some manufacturers started maintenance. At present, the impact on market supply has not changed much. Manufacturers still have some orders in hand. The supply of some market sources is tight, and companies are more willing to stabilize prices; the downstream float glass market is weak, which is a strong price reduction for heavy soda. The sentiment is strong, and the soda ash market is in a game of supply and demand.

Forecast for next week: soda ash manufacturers 'inventories will continue to decline, and market quotations will remain firm; next week, there will be maintenance plans in Haihua, Shandong, Jiangsu Jingshen and other areas, and the market will start to decline, and some market supplies may become tight again; downstream market demand will be weak, and there is still resistance to soda ash prices. Enterprises continue to need to purchase, and the market has a strong wait-and-see attitude. It is expected that the soda ash market will operate steadily 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 29 this week, the profit of the combined alkali method was 745 yuan/ton, down 21 yuan/ton from the previous week; the profit of the ammonia-alkali method was 487 yuan/ton, up 1 yuan/ton from the previous week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 90.0%, which was the same as last week. Among them, ammonia and soda manufacturers started at an average of 93%, joint soda manufacturers started at an average of 85%, and natural soda plants started at an average of 95%. 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 422,500 tons, compared with 431,000 tons last week, a month-on-month decrease of 8,500 tons, or 1.97%.