Brief Introduction of Soda ash Market in China (2023.04.15~2023.04.21)

     It is reported by Longzhong News,Within this week (2023.04.15~2023.04.21), China domestic soda market trend is weak and stable, the price of individual enterprises fell. Data monitoring by Longzhong Information showed that the overall operating rate of soda ash within the week was 92.94%, +2.21 percentage points compared with the previous week. The output of soda ash was 621,000 tons, + 14,800 tons compared with the previous week, with an increase of 2.43%. The total inventory of domestic soda ash manufacturers is 386,800 tons, + 62,300 tons from the previous month, an increase of 19.20%. The inventory increase is mainly due to the recent slowdown in the shipment of individual enterprises, and most enterprises can achieve a balance in production and sales. The waiting orders of soda ash enterprises decreased within the week, which is 11+ at present and 4+ down. The orders are being executed. New orders are being received recently, and the orders of enterprises are basically maintained until the end of the month, and some enterprises have orders early next month. Within this week, according to statistics, the inventory of soda ash in glass enterprises increased by 0.34 days for 37% samples of 16+ days, increased by 0.4 days for 45% samples of 15+ days, increased by 0.5 days for 50% samples of 15+ days, some glass enterprises recently increased inventory, enterprises close to the delivery warehouse showed obvious performance, others were relatively stable, and some enterprises imported alkali arrived. Inventory increase. It is understood that the decline of social inventory, currently maintaining about 6+, within a week down close to 30,000 tons. At the supply end, the soda supply is relatively stable, and there is no maintenance expectation recently. The expected start center is relatively high. The expected start rate is 93+% next week, and the output is close to 630,000 tons. Spot prices are weak and stable, individual enterprise prices narrow down, low prices stable operation. At the demand end, the demand for soda ash is general, the purchasing sentiment is not positive, the spot price is unstable, the downstream is mainly on demand, but the inventory of raw materials is not high, and the downstream is expected to have a purchasing plan near the end of the month. Next week, photovoltaic glass production line stability, recently a float production ignition, capacity of 800 tons, Qinhuangdao Aohua 1200 tons production line lead. To sum up, in the short term, the trend of soda is weak, supply and demand game, pricing and order at the end of the month.