The inventory of soda ash manufacturers has increased, and the market price has stabilized slightly (9.28 Weekly Review of soda ash)

1. Analysis of China's soda ash market

This week, prices in some regions of China's soda ash market have been adjusted within a narrow range. 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 3,300 - 3,500 yuan/ton; this week, Henan Zhongyuan and Qinghai Kunlun equipment production load dropped, and manufacturers temporarily stopped, but production of early maintenance companies resumed, and market supply increased slightly; Due to the increase in light soda stocks of individual manufacturers and the impact of market transportation, companies have received preferential deals and the focus of transactions has shifted downward. Manufacturers 'heavy soda stocks are still tight, and market quotations remain firm; downstream market demand has temporarily stabilized, but with the start of the soda ash market, companies are also more cautious in purchasing, and the market has a strong wait-and-see attitude.

Forecast for next week: As maintenance companies resume production, the operating rate of the soda ash market will increase again; downstream market demand remains basically stable, but market procurement is more cautious, and part of their own raw material inventory is still consumed, so companies are mainly waiting and seeing; However, as soda ash stocks continue to increase, some market participants in the market are more bearish in the later period. It is expected that some prices of soda ash may weaken, and the overall market will remain stable 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 28 this week, the profit of the combined alkali method was 1899 yuan/ton, up 1 yuan/ton from the previous week; the profit of the ammonia-alkali method was 1460 yuan/ton, down 15 yuan/ton from the previous week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 86%, a month-on-month increase of 4%. According to incomplete statistics, the output of soda ash manufacturers this week is about 668,000 tons.

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 223,000 tons, compared with 170,000 tons last week, a month-on-month increase of 53,000 tons, or 31.18%.