[Soda ash] Soda ash market is strong and manufacturers 'inventories continue to decline (7.27 Soda ash Weekly Review)

1. Analysis of China's soda ash market

This week, China's soda ash market continues to rise. As of now, the mainstream ex-factory price of light soda in China is between 1,900 - 2,100 yuan/ton, and the mainstream price of heavy soda delivered to the terminal is between 2,080 - 2,300 yuan/ton; the soda ash market has started to decline, and the market supply has shrunk. At present, soda ash manufacturers have many orders in hand, and most companies control receiving orders, and some manufacturers have closed orders and will not quote for the time being; the transaction atmosphere in the soda ash market is good, and futures prices remain high, driving an increase in spot shipment sentiment; Downstream demand for light alkali maintains on-demand procurement, demand for heavy alkali is improving, and manufacturers 'inventories are tight. This week, the focus of new orders in the market has shifted upward.

Forecast for next week: Next week, the production equipment of some soda ash companies in the market will resume, and the market will have another enterprise inventory and maintenance plan. There will be little change in the market start; soda ash manufacturers have sufficient orders, manufacturers have successively delivered early orders, and market inventories have dropped; Demand for heavy soda in the downstream market is expected to grow again in the later period, and futures prices have risen strongly in the near future. The confidence of market participants has increased, and soda ash companies have renewed intentions to increase. It is expected that the soda ash market will operate strongly 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 July 27 this week, the profit of the combined alkali method was 782 yuan/ton, up 95 yuan/ton from the previous week; the profit of the ammonia-alkali method was 483.2 yuan/ton, unchanged from the previous week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 81%, down 1% month-on-month. Among them, ammonia soda manufacturers started at an average of 76%, combined soda manufacturers started at an average of 82%, and natural soda plants started at an average of 100%. According to incomplete statistics, the output of soda ash manufacturers this week is about 540,000 tons.

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 250,000 tons, compared with 325,000 tons last week, a month-on-month decrease of 75,000 tons, or 23.08%.