Industry News

Introduction to China soda ash market (2024.11.11-11.15)

2024-11-15
This week, soda soda market market trend is stable, relatively flexible transaction. In Longzhong Information data monitoring, the comprehensive capacity utilization rate of soda ash in the week was 83.41%, 85.20% last week, 1.79 percentage points less than the previous month. The output of soda ash was 695,300 tons, down 15,000 tons, or 2.11%. Some enterprises did not start properly and stopped, and the supply decreased to some extent; the total inventory of soda ash manufacturers was 1,648,100 tons, up 0,4300 tons, 0.26%, 26,900 tons or 1.61% less than last Thursday. According to the impact of enterprise reduction and delivery, the equipment inventory increased by 30,000 tons, the total amount was about 370,000. Within a week, soda ash enterprises to be a small decline, maintained at about 11 days. Within the week, the soda ash inventory statistics of glass enterprises, 31% sample factory 15.02 days, up 0.33 days, field + 20.51 days, up 0.29 days; 38 samples, 14.61 days, up 0.35 days, field + 19.35 days, up 0.40 days; 46% samples, 14.29 days, down 0.03 days, field + 19.52 days, up 0.78 days. On the supply side, there are few maintenance enterprises recently, and the load of individual enterprises fluctuates. The overall start and output are expected to show an upward trend next week. It is estimated that the operating rate is 85% next week, and the output is close to 710,000 tons. Enterprise order support, production and sales to maintain, relatively strong prices, volatility narrowed. On the demand side, the downstream demand is general, based on demand, appropriate amount of replenishment, inventory is relatively stable. Downstream devices have little fluctuation and the consumption is relatively stable. Recently, the northwest region is tight, the transport capacity decline, freight fluctuations, for next month is expected to have an impact, some downstream of the region, will also make some preparations in advance, worry about logistics. To sum up, the short-term soda ash market shock operation.(Longzhong Information)
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