The decline in soda ash prices has slowed down, and the market intention to stock up has increased (1.18 Weekly Review of soda ash)

1. Analysis of China's soda ash market

This week, prices in some areas of China's soda ash market continued to weaken and decline. As of now, the price of light soda ash in China is between 2,250 - 2,500 yuan/ton, and the price of heavy soda ash is between 2,400 - 2,700 yuan/ton; this week, the installation of individual enterprises in the soda ash market has declined, and the market supply has decreased slightly; the market price of soda ash has been lowered continuously to low levels. The price decline has slowed down this week. Company quotations are firm, manufacturers 'signings have improved slightly, and enterprises' orders on hand are basically until the end of the month; Downstream demand has remained basically stable. As the holidays approach, companies 'demand for stocking has increased, and the spot of soda ash has been relatively stable. However, purchasing sentiment remains cautious, and soda ash prices have been weak and stable.

Forecast for next week: The overall supply of soda ash is at a high level, and the equipment of individual enterprises has been adjusted slightly; procurement demand will gradually increase before the Spring Festival holiday, but due to the continuous weakening of the market, purchasing sentiment is more cautious; currently, supply and demand in the soda ash market are still unbalanced, and heavy soda enterprises With the increase in inventories, the operating pressure of the soda ash market is still high. Some enterprises are under pressure, and the soda ash market will fluctuate 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 January 18 this week, the profit of the combined alkali method was 988 yuan/ton, down 97 yuan/ton from the previous week; the profit of the ammonia-alkali method was 720 yuan/ton, down 56 yuan/ton from the previous week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 89.50%, an increase of 0.56% from last week. According to incomplete statistics, the output of soda ash manufacturers this week is about 700,500 tons.

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 455,000 tons, compared with 430,000 tons last week, a month-on-month increase of 25,000 tons, an increase of 5.49%.