Domestic soda ash market prices rose slightly

According to the monitoring data of the business community, the domestic soda ash market price rose slightly last week. The average ex-factory price of light soda ash was 1303 yuan/ton at the beginning of this week, and the average ex-factory price this week was 1,320 yuan/ton. This week’s increase was 1.28%, a year-on-year decrease of 8.90%. The average ex-factory price of heavy soda ash at the beginning of this week was 1357 yuan/ton, and the average ex-factory price at this weekend was 1372 yuan/ton, which increased by 1.10% this week, a year-on-year decrease of 8.93%. Basically stable.

1. Market analysis

    Products: Soda ash market has stabilized this week, and downstream demand is favorable. Some manufacturers have slightly increased the ex-factory price of soda ash. At present, the overall operating rate of soda ash manufacturers is around 60%. Manufacturers have sufficient inventory. The main domestic manufacturers have normal soda ash shipments. Demand for downstream procurement is improving, and the soda ash market will remain stable in the short term.

    Industrial chain: The upstream raw salt market is tepid and continually flattened, lacking market incentives, and the raw salt market is unlikely to improve in the short term. At present, the original salt manufacturers have high inventories and slow shipments. Some of the original salt manufacturers have indicated that their operating profits have declined, and they are eager for effective policies to stimulate market vitality. Downstream caustic soda, glass and other manufacturers' devices are normally driven, the inventory is reasonable, and the overall shipment performance general.

    Industry: At present, the overall price of domestic soda ash market is stable, and the market is steadily developing. The ex-factory price of light alkali in eastern China is around 1250-1350 yuan/ton. The mainstream ex-factory price of light alkali in central China is about 1230-1320 yuan/ton, and the price of heavy alkali is around 1320-1450 yuan/ton. The mainstream ex-factory price of light alkali in North China is about 1220-1380 yuan/ton.

Second, the market outlook forecast

    At present, the operating rate of domestic soda ash manufacturers has remained at around 60%, with sufficient inventory and fair market demand, and the soda ash market will remain stable in the short term.