1. Analysis of China's soda ash market
This week, China's soda ash market is operating well, and the market price is rising at a high level. As of now, the price of light soda ash in China is between 2,550 - 2,800 yuan/ton, and the price of heavy soda ash is between 2,700 - 2,850 yuan/ton. This week, some soda ash manufacturers have installed maintenance, and there have been a slight decline in industry start-up. There are still some companies under maintenance; The soda ash market maintained its upward trend, and the market signing situation was relatively good. Manufacturers delivered orders on hand, light soda inventories continued to show a downward trend, and some manufacturers 'heavy soda inventories increased; downstream demand remained stable, the market transaction atmosphere was good, manufacturers' inventories were low, soda ash prices were stable and rising.
Forecast for next week: There will still be some manufacturers in the market for maintenance in the near future, and there will be little change in the short term. As companies resume production in the later period, the market supply will increase; as soda ash prices rise to high levels, companies will be cautious in purchasing, and the market has a strong wait-and-see attitude; due to the low inventory of manufacturers, soda ash prices will continue to operate at high levels in the short term.
2. Comparison of market prices of soda ash in regions
Unit: yuan/ton
|
areas |
specifications |
November 23 |
November 30 |
rise and fall |
previous month |
|
Northeast China |
light soda ash |
2525 |
2850 |
325 |
12.87% |
|
heavy sodium carbonate |
2625 |
2850 |
225 |
8.57% |
|
|
in North China |
light soda ash |
2450 |
2650 |
200 |
8.16% |
|
heavy sodium carbonate |
2550 |
2775 |
225 |
8.82% |
|
|
East China |
light soda ash |
2375 |
2700 |
325 |
13.68% |
|
heavy sodium carbonate |
2450 |
2725 |
275 |
11.22% |
|
|
central China |
light soda ash |
2250 |
2600 |
350 |
15.56% |
|
heavy sodium carbonate |
2450 |
2675 |
225 |
9.18% |
|
|
South China |
light soda ash |
2500 |
3000 |
500 |
20.00% |
|
heavy sodium carbonate |
2650 |
3200 |
550 |
20.75% |
|
|
southwestern region |
light soda ash |
2600 |
2675 |
75 |
2.88% |
|
heavy sodium carbonate |
2750 |
2850 |
100 |
3.64% |
|
|
northwestern region |
light soda ash |
2300 |
2500 |
200 |
8.70% |
|
heavy sodium carbonate |
2425 |
2550 |
125 |
5.15% |
3. Soda ash process profit statement
As of November 30 this week, the profit of the combined alkali method was 1360 yuan/ton, up 352 yuan/ton from the previous week; the profit of the ammonia alkali method was 903 yuan/ton, up 235 yuan/ton from the previous week.
|
production process |
November 23 |
November 30 |
Weekly ups and downs |
rise and fall |
|
combined alkali method |
1008 |
1360 |
352 |
34.92% |
|
ammonia-soda process |
668 |
903 |
235 |
35.18% |
4. Equipment maintenance of soda ash enterprises
This week, the soda ash industry started at 85%, down 4.49% month-on-month. According to incomplete statistics, the output of soda ash manufacturers this week is about 660,200 tons.
|
Equipment maintenance list of soda ash enterprises on November 30, 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. |
|
|
Hubei shuanghuan |
110 |
On November 26, some equipment of the company was repaired for 3 days |
|
|
Xinghua, Shaanxi |
30 |
On November 28, the company began to stop the equipment for maintenance and maintenance, and the time is expected to be until the end of December |
|
|
chlor-alkali process |
Qinghai Fantou |
140 |
On October 28, the company's equipment was reduced and repaired, and the recovery time was to be determined |
|
Kunlun Jianye |
150 |
On October 28, the company's equipment was reduced and repaired, and the recovery time was to be determined |
|
5. Soda ash manufacturer inventory
The total inventory of Chinese soda ash manufacturers this week was 381,300 tons, compared with 408,000 tons last week, a month-on-month decrease of 26,700 tons, or 6.54%.
