The focus of transactions is stable and moving upwards. The soda ash market is running at a high level (8.31 Weekly Review of soda ash)

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September 1, 2023, 5:40 PM

1. Analysis of China's soda ash market

This week, the market price of soda ash in China has increased again. As of now, the price of light soda ash in China is between 3,000 - 3,300 yuan/ton, and the price of heavy soda ash is between 3,100 - 3,300 yuan/ton. The supply of soda ash in the market continues to be tight, and the focus of market transactions has increased. This week, some soda ash companies have undergone equipment maintenance, and the market has not changed much. Manufacturers 'inventories are still tight, and inventories remain low; This week, the price of soda ash has increased again, and corporate orders have increased. Some companies have not offered quotations for multiple orders. Demand in the downstream market is strong, and the purchase of soda ash is still good. The stock of raw materials in the company is not high, and the supply of soda ash in the market remains tense.

Forecast for next week: Some downstream soda ash companies are expected to resume maintenance, but the overall market supply is still tight, manufacturers 'inventories are low, and companies are mainly ordering orders for delivery; soda ash prices are rising, and market participants are mostly optimistic about the future outlook, and purchasing sentiment is high. It is expected that soda ash prices will continue to run at high levels in the short term.

2. Comparison of market prices of soda ash in regions

Unit: yuan/ton

areas	specifications	August 24	August 31	rise and fall	previous month
Northeast China	light soda ash	2950	3175	225	7.63%
Northeast China	heavy sodium carbonate	3125	3275	150	4.80%
in North China	light soda ash	2775	3050	275	9.91%
in North China	heavy sodium carbonate	2975	3250	275	9.24%
East China	light soda ash	2900	3125	225	7.76%
East China	heavy sodium carbonate	3050	3200	150	4.92%
central China	light soda ash	2650	3100	450	16.98%
central China	heavy sodium carbonate	2950	3200	250	8.47%
South China	light soda ash	2800	3275	475	16.96%
South China	heavy sodium carbonate	3000	3475	475	15.83%
southwestern region	light soda ash	2750	3250	500	18.18%
southwestern region	heavy sodium carbonate	3050	3400	350	11.48%
northwestern region	light soda ash	2800	3125	325	11.61%
northwestern region	heavy sodium carbonate	2075	2900	825	39.76%

3. Soda ash process profit statement

As of August 31 this week, the profit of the combined alkali method was 1932 yuan/ton, up 632 yuan/ton from the previous week; the profit of the ammonia alkali method was 1335 yuan/ton, up 670 yuan/ton from the previous week.

production process	August 24	August 31	Weekly ups and downs	rise and fall
combined alkali method	1300	1932	632	48.62%
ammonia-soda process	665	1335	670	100.75%

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 81%, a basic increase of 1% from last week. According to incomplete statistics, the output of soda ash manufacturers this week is about 570,000 tons.

Equipment maintenance list of soda ash enterprises on August 31, 2023
process	enterprise name	production capacity	device condition
combined alkali method	Fujian Yaolong	40	Maintenance will start from September 11, 2022, and recovery time will be determined
	Jinshan, Henan	390	Enterprise installation starts at around 90%
	Xuzhou Fengcheng	60	Enterprise installations started at around 80%
	Sichuan hebang	30	Enterprise installation starts at around 70%
	Henan Junhua	80	Enterprise installation starts at around 60%
	Zhongyan Red Sifang	55	The company's equipment maintenance will start on August 29 and end on the 1st
	Hubei shuanghuan	120	The current operating load is about 90%
	Jiangsu huachang	70	Starting from August 21, 50% of the company's equipment will be started, and maintenance plans will be stored in the future.
	Huainan Debang	60	August 17, the company's equipment was stopped for maintenance
chlor-alkali process	salt Lake magnesium industry	120	Enterprise installations resumed construction on August 23
	Shandong Haitian	150	The company's equipment maintenance will start from August 25, which is expected to take half a month
	Zhongyan Kunlun	150	The company will stop for maintenance of equipment from August 23 and resume this week
	Zhongyan Qinghai	150	Enterprise installation starts at around 50%
	Jiangxi Jinghao	60	Starting from August 20, the company will stop for maintenance of equipment, and the estimated time will be half a month.

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 140,500 tons, compared with 142,000 tons last week, a month-on-month decrease of 1,500 tons, or 1.06%.