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    Home > Organic Chemistry Topics > Organic Chemistry Project > Limited production and price protection promoted the rebound of soda ash prices in East China, the highest increase of nearly 5%

    Limited production and price protection promoted the rebound of soda ash prices in East China, the highest increase of nearly 5%

    • Last Update: 2022-02-24
    • Source: Internet
    • Author: User
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    Affected by industry restrictions and equipment maintenance, the price of soda ash has rebounded in the past week, with the highest increase of nearly 5% in East China
    .
    The output of domestic soda ash enterprises has fallen sharply in recent days.
    Coupled with the strict control of production by factories, market inventories have basically fallen to a low level
    .
    In addition, due to the advent of the maintenance season for domestic soda ash enterprises, it will drive a large amount of adjustments in the supply and demand structure.
    In the case of insufficient stocks by manufacturers, there may be tensions in supply and price increases
    .
    According to news from Shanghai Securities News on June 28, CITIC Construction Investment Research reported that the continuous downturn in the soda ash market in recent years has caused some production capacity to gradually withdraw
    .
    As of the end of December last year, the domestic soda ash production capacity was 29.
    42 million tons, a decrease of 5.
    2% compared to the previous year
    .
    Supported by factors such as less new production capacity and rising demand for glass due to the rebound in downstream real estate, the profitability of the soda ash industry is expected to increase
    .
    In terms of the latest developments in the company, since the production cut on June 22, the 2.
    3 million tons of soda ash plant in Tangshan Sanyou in North China has entered the maintenance period, and its daily production capacity can reach about 6,300 tons, and the local supply has declined significantly
    .
    The supply of soda ash in the Hubei region has been slightly lowered, and the manufacturers have higher bullish sentiment
    .
    At present, the mainstream ex-factory price of light soda ash is about 1150 yuan to 1230 yuan/ton, and the mainstream delivery price of heavy soda is about 1350 yuan to 1400 yuan/ton
    .
    The soda ash market in Henan is basically stable, and the shipments of manufacturers are stable.
    The inventory is currently being arranged sideways.
    The mainstream ex-factory price of light soda ash in the local area is around 1120 yuan to 1,200 yuan/ton, and the mainstream price of heavy soda delivered to Shahe area is 1350 yuan/ton.
    Around
    .
    From the perspective of operating rate, due to factors such as capacity integration and increased exports, the overall operating rate of China's soda ash industry from January to November last year was 87.
    8%, a year-on-year increase of 6.
    8 percentage points.
    The operating rate of soda ash is expected to be expected in 2016 and 2017.
    Climbed to 89.
    7% and 94.
    0%
    .
    In terms of downstream demand, driven by the growth in demand for detergents, inorganic salts, and alumina, the overall market is relatively stable
    .
    In addition, as the newly started area of ​​real estate rebounds, the demand for flat glass output is also expected to improve.

    .
    Relevant manufacturers predict that the supply structure of the domestic soda ash market will continue to adjust, and the supply side will shrink significantly due to the peak season for soda ash maintenance.
    Coupled with the gradual digestion of the inventory of the soda ash market in the early stage, the supply and demand pattern will improve, and the soda ash market will usher in a rebound
    .
    In addition, compared with previous years, there is still a lot of room for domestic soda ash export volume
    .
    Driven by supply contraction and exports, the profitability of the soda ash industry is expected to increase
    .
    According to the comprehensive research reports of securities companies and the company's regular reports, Sanyou Chemical has a production capacity of 3.
    4 million tons of soda ash, with a domestic market share of 13%, ranking first in the industry
    .
    Shuanghuan Technology has a production capacity of 1.
    8 million tons.
    In addition, ammonium chloride is a by-product of the production of soda ash by the soda ash process.
    The production capacity of ammonium chloride is basically the same as the production capacity of soda ash
    .
    At the same time, the company's controlling shareholder Shuanghuan Group has a raw salt mine area of ​​13.
    47 square kilometers with a reserve scale of 970 million tons.
    The high grade of raw salt provides high-quality and sufficient resource guarantee for the company's soda ash production
    .
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