Brief Introduction of Soda ash Market in China (2023.06.26~2023.06.30)

2023-06-29446

This week, the trend of the domestic soda ash market is mainly stable, and the production and sales of enterprises are maintained. Longzhong Information data monitoring, the week soda ash overall operating rate of 90.30%, down 1.04% from the previous month, soda ash production of 603,400 tons, down 0.69 million tons from the previous month, down 1.13%. The maintenance and load of individual enterprises are abnormal, and the output has an impact; The inventory of soda ash manufacturers in the week was 428,500 tons, down 0.88 million tons from the previous week, down 2.01%, light weight to go, the light price of individual enterprises is high, the shipment is slow, and the enterprise maintenance is reserved, most of the enterprise inventory fluctuates little, the low hover; During the week, the orders of soda ash enterprises to be issued steadily decreased, maintaining 13+ days, down 1+ days, near the end of the month, some enterprises have not issued prices, order reception is slow, and some orders are received at the end of the month; In the week downstream glass enterprises in the field of soda ash inventory narrow decline. 37% of the sample 12+ days, down 1+ days. 45% of the sample was 12+ days, down 1+ days. 50% of the sample 12+ days, down 1+ days. Inventory is relatively not high, recently some enterprises began to purchase; For the understanding of social inventory, the narrow increase is close to 20,000 tons. On the supply side, starting from the end of this month and the beginning of next month, some enterprises are about to be repaired, it is expected that the overall focus of construction will be moved down next week, the maintenance will be fulfilled as scheduled, the expected operating rate is about 85+%, and the output is close to 570,000 tons (next week's production calculation does not consider the output of Yuanxing Line 1). Recently, some companies have maintenance plans for July-August, but some companies have not yet determined the time and duration. According to the current understanding time and duration, the output is expected to affect about 160,000 to 170,000 in July, and 170,000 to 200,000 in August, and the specific loss is subject to the enterprise. On the demand side, the demand for soda ash is relatively stable, the downstream raw material inventory is not high, and there are procurement expectations at the end of the month or the beginning of the month. At present, the daily production of float glass is 165,400 tons, an increase of 0.73%. The daily melting capacity of PV is 88,100 tons, which is stable compared with the previous quarter. Next week, the two earlier float lines will produce 1250 tons of glass/day, and the two new photovoltaic production lines are expected to have a capacity of 2400 tons/day. In summary, the short-term supply and demand of soda ash is maintained, and the overall trend is expected to be volatile and stable, and the quotation of some enterprises will increase next month.