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Introduction to China soda ash market (2024.11.04-11.08)
阅读次数:4  更新时间:2024-11-08

This week, soda ash market trend to stable, narrow price adjustment. Longzhong information data monitoring, within the week of soda ash production 710,300 tons, down 0.0700 tons, down 0.10%. The comprehensive capacity utilization rate of soda ash was 85.20%, from 85.29% last week, down 0.09 percentage points from the previous month. The load of some enterprises decreased and the short stopped, and the construction and output decreased. The inventory of soda ash manufacturers was 1.675 million tons, which increased by 12,800 tons from Monday, or 0.77%, and decreased by 0.2700 tons, or 0.16%, compared with last Thursday. With high concentration, soda soda orders fluctuate in a narrow range, nearly 12 days. According to the understanding, the soda ash delivery inventory increased, up 20,000 tons, the total of 330,000 tons. On the supply side, the driving delay and load decline and other factors are expected to start the work and the output will show a downward trend next week, with the start maintaining 84 +% and the output + 700,000 tons. Soda ash price fluctuation is small, small fluctuation, individual enterprises boost, some enterprises support the price. On the demand side, soda ash demand is general, downstream on demand, wait-and-see sentiment is heavy, the supply is relatively loose. Recently, soda ash spot stabilized, downstream just need to replenish, but the amount of speculation. Within the week, the daily melting volume of float was 158,400 tons, an increase of 200 tons from the previous month, and the daily melting volume of photovoltaic was 93,200 tons, down 2,100 tons from the previous month. Next week, the float is expected to stabilize, photovoltaic is expected to decrease. To sum up, short-term soda ash stabilized operation, price shock.(Longzhong Information)

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