Introduction to China Soda Ash Market (2024.8.26-2024.8.29)

This week, the domestic soda ash market trend is weak, the price center of gravity narrow range down. Longzhong Information data monitoring, the week soda ash production 673,500 tons, 15,700 tons down from the previous month, down 2.28%. The comprehensive capacity utilization rate of soda ash was 80.79%, down 1.88 percentage points from the previous month. Recently, the maintenance of enterprises continued, and some enterprises started abnormal, the start and output decreased; the inventory of soda ash manufacturers was 1.218,800 tons, down 0.72 tons, down 0.59%, down 0.3,900 tons, or 0.32% compared with last Thursday. Low yield, Some enterprises' recent shipments have led to a narrow range of inventory fluctuations, But overall inventories are at high levels; weekday, Soda ash enterprises to narrow range decline, Maintain for 8 + days, With enterprise maintenance, Order is missed, At the end of the month, the enterprise order receiving stage; According to the understanding, Social inventory increased in a narrow range; weekday, Downstream glass enterprise soda ash inventory, Of the 35% of the samples, Field for 15.63 days, Down by 0.02 days, Field + waiting 21.43 days, Down by 0.14 days; In 45% of the samples, For 14.91 days, Up by 0.01 days, Field + waiting 19.84 days, Up by 0.08 days; In 50% of the sample field for 14.76 days, Field + for 20.04 days, Up 0.27 days; Supply side, Recent enterprises are about to overhaul, Some enterprises maintenance start time is delayed, The soda ash supply is expected to remain low in the short term, Construction is expected to reach 640,000 tons next week, Operating rate of 77 +%, Specific fluctuations depends on the operation of the device. At the end of the month, enterprise orders received, spot prices hovering, relatively flexible transaction. Demand side, soda ash demand is tepid, there are transactions at the end of the month, downstream replenishment. The current situation of the downstream has not been significantly improved, and it is still expected to be a weak situation. Recently, domestic prices have fallen, imports have suppressed, exports have improved, has not yet formed a scale. During the week, the daily melting volume of float glass was 168,100 tons, down by 500 tons, and photovoltaic glass was 104,700 tons, down by 300 tons. To sum up, short-term soda ash shock operation.(Longzhong Information)