The soda ash market is tight and prices are rising. The market may perform well in the short term (7.20 Weekly Review of soda ash)

1. Analysis of China's soda ash market

This week, the price of soda ash in China has been rising steadily. As of now, the mainstream ex-factory price of light soda in China this week is 1,850 - 2,100 yuan/ton, and the mainstream price of heavy soda in China is 2,050 - 2,200 yuan/ton. Some manufacturers in the soda ash market have equipment maintenance, and the supply of some market sources is tight; the demand for light soda is relatively stable, and procurement is mainly needed; Demand for heavy soda ash has improved. Due to the low inventory of manufacturers, the price of new soda ash orders in southwest, central and other regions has increased slightly, with an adjustment range of 50 yuan/ton. Coupled with the recent increase in soda ash futures prices, the market has a strong wait-and-see attitude.

Forecast for next week: Next week, construction in Haihua, Shandong, Jinshan, Henan and other areas is expected to increase, and there will be company equipment maintenance in the market. The overall operating rate of the market has not changed much and remains low. Manufacturers have placed many orders on hand, and market inventories continue to be low. Level; Recently, some photovoltaic glass and float glass production lines have been ignited, and the demand for heavy soda has continued to improve; market participants 'pessimism about the soda ash industry has improved in the short term; However, in the second half of the year, new production capacity will be released in the soda ash market. In the long run, the sentiment in the soda ash market will be more bearish.

2. 纯碱areas市场价格对比

Unit: yuan/ton

3. Soda ash process profit statement

As of July 20 this week, the profit of the combined alkali method was 687 yuan/ton, down 43 yuan/ton from the previous week; the profit of the ammonia-alkali method was 483.2 yuan/ton, up 3.6 yuan/ton from the previous week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 82%, which was basically the same as last week. Among them, ammonia and soda manufacturers started at an average of 83%, joint soda manufacturers started at an average of 80%, and natural soda plants started at an average of 100%. According to incomplete statistics, the output of soda ash manufacturers this week is about 550,000 tons.

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 325,000 tons, compared with 377,000 tons last week, a month-on-month decrease of 52,000 tons, or 13.79%.