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Affected by negative factors such as a substantial increase in supply and a gradual increase in social inventories, the domestic soda ash futures market continued to fall unilaterally
.
As of the close of last weekend, the main contract SA2109 closed down 54 yuan (ton price, the same below), to 1913 yuan, a decline of 2.
On the supply side, the output of soda ash continued to increase slightly
.
As of April 9, the operating rate of the soda ash industry increased by 1.
In terms of inventory, last weekend, the total inventory of soda ash manufacturers was 837,900 tons, an increase of 10,200 tons from the previous week
.
The total inventory of sample companies increased by 10,200 tons to 837,900 tons
On the demand side, the overall production and sales of mid- and downstream companies are balanced, and high-priced shipments have slowed down
.
Among them, in terms of glass production capacity, there are no new production lines that have been ignited or stopped for cold repair.
At present, there are 245 production lines in the glass industry.
After excluding the zombie production capacity, the capacity utilization rate is 84.
06%, the same month-on-month
.
The production capacity of glass in production was 978.
On the whole, under the stimulation of demand in the early stage, soda ash futures prices have risen too much, while the soda ash industry's supply elasticity is relatively large, the operating rate remains high, the inventory is hovering at high levels, and the lack of long-term rising factors in the futures prices has caused the futures prices to plummet.
