Soda ash manufacturers continue to maintain high and firm prices after removing warehouses (12.14 Weekly Review of Soda Ash)

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December 15, 2023, 5:09 PM

1. Analysis of China's soda ash market

This week, the operation of China's soda ash market has been basically stable, and prices in some regions have been adjusted within a narrow range. As of now, the price of light soda ash in China is between 2,700 - 2,900 yuan/ton, and the price of heavy soda ash is between 2,800 - 3,000 yuan/ton; this week, some soda ash companies have started installation operations, and the market supply has decreased slightly. The start of other companies is basically stable, and the overall start of the industry is still high; Soda ash companies still place some orders on hand, and soda ash manufacturers 'inventories continue to decline, and some companies control not to quote for the time being. Demand in the downstream market is stable, and enterprises' stock stocks are not high. Due to the high price of soda ash, enterprises 'high-priced purchasing sentiments are somewhat conflicted and more are maintained. The market trading atmosphere has weakened, and soda ash prices have remained stable at a high level.

Forecast for next week: As maintenance companies recover, soda ash supply will increase in the later period; manufacturers 'inventories are low, and the market spot supply will be tight; demand has not been adjusted in the short term, traders are willing to ship, and individual companies receive new orders. The pressure on orders has increased, and company quotations have been adjusted. The overall change is not large at present. It is expected that the soda ash market will operate steadily in the short term.

2. Comparison of market prices of soda ash in regions

Unit: yuan/ton

areas	specifications	December 7	December 14	rise and fall	previous month
Northeast China	light soda ash	2925	2925	0	0.00%
Northeast China	heavy sodium carbonate	3075	3075	0	0.00%
in North China	light soda ash	2850	2850	0	0.00%
in North China	heavy sodium carbonate	3025	3025	0	0.00%
East China	light soda ash	2775	2800	25	0.90%
East China	heavy sodium carbonate	2925	2925	0	0.00%
central China	light soda ash	2800	2800	0	0.00%
central China	heavy sodium carbonate	2900	2900	0	0.00%
South China	light soda ash	3150	3150	0	0.00%
South China	heavy sodium carbonate	3250	3250	0	0.00%
southwestern region	light soda ash	2925	2950	25	0.85%
southwestern region	heavy sodium carbonate	3100	3150	50	1.61%
northwestern region	light soda ash	2700	2750	50	1.85%
northwestern region	heavy sodium carbonate	2750	2850	100	3.64%

3. Soda ash process profit statement

As of December 14 this week, the profit of the combined alkali method was 1500 yuan/ton, down 5 yuan/ton from last week; the profit of the ammonia-alkali method was 1088 yuan/ton, down 7 yuan/ton from last week.

production process	December 7	December 14	Weekly ups and downs	rise and fall
combined alkali method	1505	1500	-5	-0.33%
ammonia-soda process	1095	1088	-7	-0.64%

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 84.50%, down 0.68% from last week. According to incomplete statistics, the output of soda ash manufacturers this week is about 658,000 tons.

Equipment maintenance list of soda ash enterprises on December 14, 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.
	Xuzhou Fengcheng	60	Enterprise equipment maintenance from December 1 to December 11
	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
	Hubei Xindu	60	December 9th, the company's equipment was repaired on the 2nd day
	Zhongyan Kunshan	80	December 10: Enterprise equipment maintenance 2nd
	Jinshan, Henan	390	December 12, some equipment of the company was overhauled on the 4th
	Gansu Jinchang	20	The company's equipment was repaired on December 12, and the recovery time was to be determined
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
	Shandong Haitian	150	December 11, the company's equipment load reduction and maintenance, 3rd day
	Jiangsu jingshen	60	December 11th, the company's equipment was repaired on the 3rd
	Colorful alkali industry	110	December 12: Enterprises install until the end of the month

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 342,200 tons, compared with 368,500 tons last week, a month-on-month decrease of 26,300 tons, or 7.14%.