[Soda ash] Soda ash Weekly Review: The market is stable and operating, and the trading atmosphere is dull

1. Analysis of domestic soda ash market

The domestic soda ash spot market has stabilized this week compared with last week. As of Thursday, the domestic price of light soda ash is between 1,700 - 2,000 yuan/ton, and the price of heavy soda ash is between 1,800 - 2,100 yuan/ton. During the week, some companies repaired equipment and reduced supply. Due to market trading sentiment, the company's shipments have not improved, and the total inventory remains high; At the beginning of the month, the downstream market was in need of replenishment. During the week, the number of companies waiting for orders increased, but the overall signing of new orders was average. Some manufacturers did not make quotations for the time being, and transactions were negotiated only. The market continued to operate weakly and steadily.

In terms of futures, the price of soda ash futures during the week fluctuates the spot price range. Although the overall commodity market environment is mainly weak, its own fundamentals have limited changes. Although some maintenance plans have been put in place recently, the impact of losses on supply and demand relations is relatively limited. Manufacturers 'inventories and warehouse receipts The continued growth has a strong suppression on prices, and the problem of difficulty on the demand side in the short term remains the core. In the future, we can focus on whether downstream attitudes towards peak season demand expectations can form a centralized replenishment market.

Next week's forecast: Next week's alkali plant equipment recovery andMaintenances coexist, but the overall start will be reduced within a narrow range under limited recovery; the downstream float production line is still expected to be cold repair, and demand may gradually weaken; there is no good market support in the short term, and prices may fluctuate within a narrow range.

2. Comparison of market prices of soda ash in regions

Unit: yuan/ton

3. Soda ash process profit statement

As of August 8 this week, the profit of the combined alkali method was 415 yuan/ton, down 30 yuan/ton from the previous week; the profit of the ammonia-alkali method was 246 yuan/ton, an increase of 6 yuan/ton from the previous week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started about 89.00%, down 1.22% from last week. According to incomplete statistics, the output of soda ash manufacturers this week is about 751,800 tons.

5. Soda ash manufacturer inventory

The total inventory of domestic soda ash manufacturers this week was 1.1421 million tons, which was around 1.073 million tons last week, a month-on-month increase of 69,100 tons, an increase of 6.05%.