[Soda ash] The soda ash market maintains an upward trend despite continued tight supply (8.17 Weekly Review of soda ash)

1. Analysis of China's soda ash market

This week, the price of soda ash in China has risen steadily. The price of light soda has increased by about 50 yuan/ton, and the price of heavy soda has increased by about 50-100 yuan/ton. As of now, the mainstream ex-factory price of light soda in China has been 2,050 - 2,300 yuan/ton, and the mainstream price of heavy soda delivered to the terminal is 2,250 - 2,450 yuan/ton. Due to continuous maintenance by some manufacturers in the soda ash market, the operating rate of the industry is low, the market supply continues to be tight, and the price is rising steadily; Enterprises have some orders in hand, and order and deliver goods. Manufacturers 'inventories continue to decline. Manufacturers control more new orders to receive orders, and the price of new orders maintains a rising trend. In addition, the price of soda ash futures rose this week, and the spot supply was tight, which was good for the market transaction atmosphere. The soda ash market maintained a good performance.

Forecast for next week: Next week, there will be more companies such as China National Salt Kunlun planning to maintain maintenance in the soda ash market, and some companies will resume operating equipment. The industry's operating rate will remain low, and manufacturers 'inventories will remain low. The overall demand for soda ash in the downstream market remains stable, but the overall inventory of raw materials of downstream companies is not high. Most companies just need to replenish their supplies. Due to soda ash supply problems, market prices are expected to continue to rise in the later period.

2.  Comparison of market prices of soda ash in regions

Unit: yuan/ton

3. Soda ash process profit statement

As of August 17 this week, the profit of the combined alkali method was 1039 yuan/ton, up 51 yuan/ton from the previous week; the profit of the ammonia-alkali method was 470 yuan/ton, down 10 yuan/ton from the previous week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 79%, which was basically the same as last week. Among them, ammonia and soda manufacturers started at an average of 76%, joint soda manufacturers started at an average of 82%, and natural soda plants started at an average of 77%. 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 158,000 tons, compared with 205,000 tons last week, a month-on-month decrease of 47,000 tons, or 22.93%.