Soda ash supply increases, market weakness declines (1.4 Weekly Review of Soda Ash)

1. Analysis of China's soda ash market

China's soda ash market prices have continued to decline this week. As of now, the price of light soda ash in China this week is 2,600 - 2,800 yuan/ton, and the price of heavy soda ash is 2,700 - 2,850 yuan/ton. The decline in heavy soda is higher than the decline in light soda; With the resumption of production in the early stage of maintenance and the commissioning of new equipment, the soda ash market started to increase this week; after the holiday, companies have offered prices one after another, and the price of soda ash is mainly downward, and the market is affected by buying increases but not buying decreases, so companies are also more cautious in purchasing; At present, some companies still have to place orders, and the pressure on manufacturers 'inventory is not large for the time being, but there is some pressure on the market to receive orders, and the price of new orders is stable and declining.

Forecast for next week: The supply of soda ash in the market is expected to increase, and growth is expected in the later period; downstream demand and procurement are general, the spot price of soda ash continues to fall, corporate purchasing sentiment is cautious, and it is difficult to have a good support point in the short term. soda ash prices are expected to weaken and decline.

2.  Comparison of market prices of soda ash in regions

Unit: yuan/ton

3. Soda ash process profit statement

As of January 4 this week, the profit of the combined alkali method was 1366 yuan/ton, down 48 yuan/ton from the previous week; the profit of the ammonia-alkali method was 870 yuan/ton, down 215 yuan/ton from the previous week.

4. Equipment maintenance of soda ash enterprises

This week, the soda ash industry started at 85.30%, an increase of 2.16% from last week. According to incomplete statistics, the output of soda ash manufacturers this week is about 666,000 tons.

5. Soda ash manufacturer inventory

The total inventory of Chinese soda ash manufacturers this week was 370,500 tons, compared with 345,000 tons last week, a month-on-month increase of 25,500 tons, an increase of 6.88%.