The warehouse price of soda ash manufacturers is rising steadily (11.16 Weekly Review of soda ash)

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November 17, 2023, 5:37 PM

1. Analysis of China's soda ash market

This week, the market price of soda ash in China has risen steadily. As of now, the price of light soda ash in China is between 2,200 - 2,400 yuan/ton, and the price of heavy soda ash is between 2,300 - 2,600 yuan/ton. This week, the installation of individual enterprises has been reduced, and the market supply has been adjusted within a narrow range; Recently, downstream market demand has increased, the market transaction atmosphere has improved, and new orders from enterprises have increased. Currently, most manufacturers have placed orders until the end of the month, and manufacturers 'inventories are showing a downward trend; Recently, the market transaction atmosphere has been good. Companies have delivered early orders in hand, and the soda ash market has been operating steadily.

Forecast for next week: Companies in the downstream market have no maintenance plans, and companies have plans to increase production in the later period, so market start-up is expected to increase; as market equipment is expected to recover in the later period, and there is no significant increase in demand, downstream companies are still purchasing. Be cautious, and the growth of the soda ash market may slow down. It is expected that the soda ash market will operate in a volatile manner.

2. Comparison of market prices of soda ash in regions

Unit: yuan/ton

areas	specifications	November 9	November 16	rise and fall	previous month
Northeast China	light soda ash	2100	2325	225	10.71%
Northeast China	heavy sodium carbonate	2350	2450	100	4.26%
in North China	light soda ash	2050	2250	200	9.76%
in North China	heavy sodium carbonate	2325	2375	50	2.15%
East China	light soda ash	2125	2275	150	7.06%
East China	heavy sodium carbonate	2275	2400	125	5.49%
central China	light soda ash	1975	2075	100	5.06%
central China	heavy sodium carbonate	2200	2350	150	6.82%
South China	light soda ash	2125	2400	275	12.94%
South China	heavy sodium carbonate	2475	2550	75	3.03%
southwestern region	light soda ash	2175	2400	225	10.34%
southwestern region	heavy sodium carbonate	2450	2550	100	4.08%
northwestern region	light soda ash	1900	2025	125	6.58%
northwestern region	heavy sodium carbonate	2125	2200	75	3.53%

3. Soda ash process profit statement

As of November 16 this week, the profit of the combined alkali method was 940 yuan/ton, up 199.5 yuan/ton month-on-month; the profit of the ammonia-alkali method was 525.5 yuan/ton, up 162.5 yuan/ton month-on-month.

production process	November 9	November 16	Weekly ups and downs	rise and fall
combined alkali method	740.5	940	199.5	26.94%
ammonia-soda process	363	525.5	162.5	44.77%

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 84.50%, down 0.59% from last week. According to incomplete statistics, the output of soda ash manufacturers this week is about 650,000 tons.

Equipment maintenance list of soda ash enterprises on November 16, 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
	Huainan Debang	60	On August 17, the company's equipment was stopped for maintenance, and the recovery time was to be determined.
	Zhongyan Kunshan	80	On November 11, the company's equipment was stopped for maintenance for 3 days
chlor-alkali process	Qinghai Salt Lake	120	On October 27, the company's equipment was stopped for maintenance, and the recovery time was to be determined
	Qinghai Fantou	140	On October 28, the company's equipment was stopped for maintenance, and the recovery time was to be determined
	Kunlun Jianye	150	On October 28, the company's equipment was stopped for maintenance, and the recovery time was to be determined
	Tangshan sanyou	230	On November 3, the company's equipment stopped for maintenance, and it is expected that the maintenance will last until the middle of the day.
	Shandong Haitian	150	On November 13, the company's equipment was stopped for maintenance for 2 days

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 440,000 tons, compared with 540,000 tons last week, a month-on-month decrease of 100,000 tons, a decrease of 18.52%.