[Soda ash] Soda ash Weekly Review: Soda ash prices are firm before the holiday, manufacturers maintain the trend of removing warehouses

1. Analysis of China's soda ash market

This week, China's soda ash market has been basically stable, and the prices of individual companies have been slightly adjusted. 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 2,350 - 2,600 yuan/ton; this week, the start of soda ash enterprises is relatively stable. There is no maintenance plan in the short term, and the overall start remains at a high level; As downstream companies have gradually ended stocking up, coupled with the approaching holidays and limited logistics and transportation, downstream demand has gradually weakened. The atmosphere for new orders in the market has weakened this week. However, soda ash companies currently have many orders on hand, and most companies place orders until March., there is not much pressure on soda factories to ship, and orders and shipments are the main priority. The overall inventory of soda ash manufacturers is in a downward trend, and soda ash market prices are operating firmly.

Forecast for next week: Before the holiday, the soda ash market will remain stable, downstream companies will increase their raw materials before the holiday, and the start-up of enterprises is expected to remain stable; market transactions will weaken, market shipments will decrease, the soda ash market will gradually have a price and no market, and traders and other enterprises will be on holiday one after another. The market will remain stable in the short term; this week, some companies inquired about post-holiday prices, but companies have not yet quoted prices in February, and the soda ash market is expected to operate in shock.

2.  Comparison of market prices of soda ash in regions

Unit: yuan/ton

3. Soda ash process profit statement

As of February 1 this week, the profit of the combined alkali method was 885 yuan/ton, up 3 yuan/ton from last week; the profit of the ammonia-alkali method was 591 yuan/ton, up 0.5 yuan/ton from last week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 88%, an increase of 0.92% from last week. According to incomplete statistics, the output of soda ash manufacturers this week is about 685,000 tons.

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 385,500 tons, compared with 416,000 tons last week, a month-on-month decrease of 30,500 tons, or 7.91%.