Supply tensions intensify, spot prices of soda ash skyrocket (8.24 Weekly Review of soda ash)

1. Analysis of China's soda ash market

This week, the market price of soda ash in China has skyrocketed, with the market price increase of 500-600 yuan/ton. As of now, the ex-factory price of mainstream light soda in China is 2,600 - 3,000 yuan/ton, and the price of mainstream heavy soda delivered to the terminal is 2,950 - 3,200 yuan/ton; Recently, the overall shipment situation of soda ash manufacturers has been relatively good, and the shortage of market supply has further intensified. There are many orders from companies. Currently, most manufacturers do not offer quotations and control orders; The inventory of soda ash manufacturers continues to decline, making it difficult to find spot in the market. The quotations of some market sources are relatively high. The soda ash market has increased significantly this week; in addition, the price of soda ash futures has increased, and the soda ash market has become more bullish and prices have remained high.

Forecast for next week: Currently, some enterprises in the market are still under maintenance, the industry's operating load has been limited, manufacturers 'inventories continue to be low, and companies have sufficient supplies to supply; the downstream market remains in need of replenishment, the company's raw material inventory is not high, and the supply of soda ash remains tight. With the trend, companies have a strong price increase atmosphere, and soda ash prices are expected to continue to stabilize and rise 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 August 24 this week, the profit of the combined alkali method was 1300 yuan/ton, up 261 yuan/ton month-on-month; the profit of the ammonia-alkali method was 665 yuan/ton, up 195 yuan/ton month-on-month.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 80%, a basic increase of 1% from last week. Among them, ammonia soda manufacturers started at an average of 73%, combined soda manufacturers started at an average of 83%, and natural soda plants started at an average of 93%. According to incomplete statistics, the output of soda ash manufacturers this week is about 560,000 tons.

5. Soda ash manufacturer inventory

The total inventory of China's soda ash manufacturers this week was 142,000 tons, compared with 158,000 tons last week, a month-on-month decrease of 16,000 tons or 10.13%.