The soda ash market continues its upward trend, and the market transaction atmosphere is still good (9.7 soda ash weekly review)

1. Analysis of China's soda ash market

This week, China's soda ash market continued its slight upward trend. As of now, the price of light soda ash in China is between 3,000 - 3,350 yuan/ton, and the price of heavy soda ash is between 3,100 - 3,500 yuan/ton. In the early stage, some planned maintenance companies stopped at the beginning of the month, and some companies resumed driving, and the starting load this week still dropped slightly; The transaction atmosphere in the soda ash market remains strong, and orders from manufacturers continue to increase. Most companies place orders until the end of the month, and some companies place orders until the beginning of next month. Manufacturers control the receipt of orders. At present, the inventory of soda ash manufacturers is still low, company quotations remain firm, and spot supply is tight; Downstream manufacturers have not much raw material inventory, and market procurement is relatively active. This week, the focus of transactions in the soda ash market is steady and upward.

Forecast for next week: There will be fewer maintenance companies in the short term, and the start-up load of the soda ash market may increase; companies have more orders to issue, and spot supply will remain tight. Prices in some regions may be adjusted in the later period. Some companies also have intentions to stabilize prices. It is expected that the soda ash market price will continue to remain high 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 September 7 this week, the profit of the combined alkali method was 1940 yuan/ton, up 8 yuan/ton from last week; the profit of the ammonia-alkali method was 1496 yuan/ton, up 161 yuan/ton from last week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 79%, down 2% from last week. 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 128,000 tons, compared with 140,500 tons last week, a month-on-month decrease of 12,500 tons, or 8.90%.