Brief Introduction of Soda ash Market in China (2023.05.13~2023.05.18)

2023-05-18364

It is reported by Longzhong News,Within this week (2023.05.13-05.18), China domestic soda market trend is weak, spot prices are unstable, the transaction is lukewarm. Longzhong Information data monitoring, the week soda ash production 587,300 tons, down 22,000 tons, down 3.61%, alkali overall operating rate of 87.33%, down 3.86%. Among them, Jiangsu Shilian, Xuzhou Fengcheng, Chongqing Xiangyu parking and ammonia and alkali source load decreased; The total inventory of domestic soda ash manufacturers was 544,200 tons, an increase of 18,600 tons from the previous month, up by 3.54%. The overall inventory changed little and increased in a narrow range; In the week, waiting orders in soda ash area decreased slightly, nearly 9 days; It is known that social increase increases performance. On the supply side, recently Tongbai Haijing has a maintenance plan, Xuzhou Fengcheng ignition operation, Chongqing Xiangyu recovery, is expected to start the whole center of gravity and output increase next week, the expected operating rate of 89-90%, output close to 600,000 tons. There are enterprise spot price Yin, transaction can be discussed, there are enterprises at the end of the settlement. Demand end, soda demand performance is general, procurement is not active, spot price fell, Cui shipped after placing an order. The operation of the downstream device fluctuates little, continuing the previous state, but the mood becomes weaker. The operating rate of float glass industry was 79.61%, +0.33 percentage points compared with the previous period, and the operating rate of photovoltaic industry was 80.26%, which was stable compared with the previous period. This week Tianjin Taibo Float 600t/d. Next week, one PV planned ignition with a production capacity of 850, one float plan with a production capacity of 650 tons/day. To sum up, the short-term soda market continues to be weak.