The soda ash market is stable and weak, and the purchasing mood is cautious (1.11 Weekly Review of soda ash)

1. Analysis of China's soda ash market

This week, China's soda ash market continues to be weak and mainly downward. As of now, the price of light soda ash in China is between 2,300 - 2,550 yuan/ton, and the price of heavy soda ash is between 2,600 - 2,750 yuan/ton. Early maintenance companies have resumed production, the supply of soda ash has increased, and the industry has started to remain at a high level; due to the continuous decline in soda ash prices, company shipping pressure has increased, and both light and heavy soda stocks have increased, among which the increase in light soda soda is relatively large; The pressure of market competition is high, and companies continue to reduce prices and ship goods. The overall inventory pressure of most companies is not great, and the inventory of some companies is at a high level; downstream demand is average, prices have been continuously lowered. Companies have a strong wait-and-see attitude, and most of them maintain just needs, and in the short term. The intention to stock goods is temporarily low, and the soda ash market is operating weakly and steadily.

Forecast for next week: soda ash supply will remain high, with some maintenance plans, and the overall impact will be small; the market downturn will lead to greater pressure on companies to receive orders at high prices, and the prices of new orders will be adjusted, resulting in high price competition pressure; downstream demand will be weak and stable, and in the short term Affected by continuous price reductions, the purchase volume is not expected to increase much for the time being. However, as the end of the year approaches, the intention to prepare goods in the second half of the month may gradually increase, and logistics and transportation will soon be limited. The price of soda ash may gradually stop falling in the later period.

2.  Comparison of market prices of soda ash in regions

Unit: yuan/ton

3. Soda ash process profit statement

As of January 11 this week, the profit of the combined alkali method was 1085 yuan/ton, down 281 yuan/ton from the previous week; the profit of the ammonia-alkali method was 776 yuan/ton, down 94 yuan/ton from the previous week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 89.0%, an increase of 4.34% from last week. According to incomplete statistics, the output of soda ash manufacturers this week is about 695,000 tons.

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 430,000 tons, compared with 370,500 tons last week, a month-on-month increase of 59,500 tons, an increase of 13.84%.