Introduction of Soda Ash market in China 20240607

This week, the trend of the domestic soda ash market is stable, the transaction is general, and the mood is weakened. Longzhong information data monitoring, the week soda ash production of 684,200 tons, a decrease of 404,400 tons, down 0.64%, the operating rate of 82.08%, last week 82.60%, a decrease of 0.53%, enterprise maintenance and abnormal start and other factors, the start and production remained low; During the week, the inventory of soda ash manufacturers was 809,900 tons, an increase of 13,900 tons from Monday, an increase of 1.75%. Enterprise shipments are relatively stable, individual enterprise inventory increase trend, concentration is still high; Within the week, soda ash enterprise orders to be issued declined, maintaining 11+ days, new orders received generally, relatively slow; It is understood that the social inventory is 41 million tons, an increase of 3 million tons. On the supply side, with the restoration of the maintenance of enterprises, the supply is expected to steadily increase, and there is no new maintenance to join in the near future. It is expected that the output will be 720 + tons next week, and the operating rate will be 87+%. Recently, after the adjustment of the new price, the transaction performance is general, the previous order support, production and sales are maintained, the high price of individual enterprises is adjusted back, and the low price is strong. On the demand side, the demand for soda ash is tepid, on-demand, and the mood is slowing down. The downstream device operates normally, the consumption is stable, the high price of procurement is serious, the low price is a small amount of replenishment, and the main need is just. Futures prices fall, there is a supply market circulation transactions. Market sentiment declined relative to the previous period, lack of drive. Within the week, the daily melt capacity of float was 171,100 tons, down 800 tons from the previous week, and the photovoltaic capacity was 113,500 tons, which was stable from the previous week. In summary, the short-term soda ash market fluctuates and deals flexibly.(Longzhong Information)