Brief Introduction of Soda ash Market in China (2023.06.05~2023.06.09)

2023-06-09371

This week, the trend of the domestic soda ash market has risen steadily, the spot price of enterprises has increased, and the order and shipment have improved. Longzhong information data monitoring, the week soda ash overall operating rate of 89.60%, last week 90.14%, -0.54 percentage points, the week soda ash production of 600.25 million tons, the month of -0.36 million tons, down 0.6%, individual enterprise equipment problems, production has declined; The inventory of soda ash manufacturers in the week was 470,100 tons, down 52,500 tons from the previous week, down 10.05%, of which light and heavy soda ash decreased simultaneously, the delivery of enterprises accelerated, and the delivery of vehicles increased; In the week of soda ash enterprises to be issued orders increased, currently maintained 16+ days, an increase of nearly 5 days. After four new enterprises are added to the sample, the number of days for the new sample to be sent is 17+ days. From the current understanding, the number of days for the new sample to be sent and received is OK this month, and it is basically maintained until the end of the month, with enterprises sealing orders or controlling orders. It is understood that the social inventory is currently down by 2+ tons, and the total amount is maintained near 110,000. On the supply side, Jiangsu Shilian ignition, Jinshan equipment problem reduction, five-color recovery, other expected fluctuations are not large, estimated next week's expected production and output is stable with an increase, the start is expected to be about 90%, and the output is 60 million tons. Recently, some enterprises have follow-up maintenance plans, basically focused on 7-8 months, the specific time and length of time, is not well determined at present. Recently, the spot of enterprises has stabilized, the receipt of orders, the delivery of goods has accelerated, and some enterprises are nervous about taking delivery, and vehicles have queued up. On the demand side, the demand for soda ash is light and stable, the downstream inventory is not high, and there are replenishment stores in the near future. The spot has stopped falling, the mood has improved relative to the previous period, and the market inquiry is active. The daily output of float glass was 164,800 tons, an increase of 0.92%, and the operating rate was 80%, +0.33 percentage points from the previous quarter. The daily melting capacity of photovoltaic glass is 88,000 tons, which is stable compared with the previous period, and the operating rate is 80.82%, which is stable. Next week, photovoltaic is expected to add a new 1200 tons/day, float glass capacity of 600 tons/day, other planned but uncertain time. In summary, the short-term soda ash market fluctuates, and the spot price is expected to be firm.