1、 Price trend
According to the monitoring data of business agency, the price trend of soda ash this week is stable. During the week, the average market price in East China was 1560 yuan / ton from the weekend, which was stable compared with the weekend last year, down 26.53% year on year. On December 27, the commodity index of light soda ash was 80.00, flat with yesterday, down 32.12% from 117.86 (2017-11-21), the highest point in the cycle, and up 26.68% from 63.15, the lowest point on November 18, 2015. (Note: cycle refers to 2011-09-01 to now)
| Sodium selenite |
2、 Market analysis
Product: this week, the domestic soda price market is weak and stable, and the market trading atmosphere has improved. The market trend of soda ash has not changed much, the inventory of enterprises is under certain pressure, and the shipment of individual enterprises has improved, and the maintenance or reduction of devices has been achieved. This week, the number of maintenance and production restriction manufacturers increased, and the weighted average starting load of soda ash manufacturers was 81.19%. Prices fell to a low level, downstream users moderately prepared goods before the festival, some downstream demand performance improved, and enterprise inventory decreased. Spot price: 1530 yuan / ton of heavy soda in Shahe market; 1700 yuan / ton of heavy soda in North China and 1600 yuan / ton of heavy soda in East China.
In terms of supply: the 300000 ton plant of Hebang No.1 plant is expected to start operation next week. Shaanxi Xinghua and Henan Junhua plan to start operation in the past two days. In the process of continuous production restriction of sodium carbonate in Haihua, the southern alkali industry is operating at half load, which affects the output as a whole. The enterprise inventory has been eased, and the trend of sodium carbonate is stable. At present, it is still the centralized period for downstream users to prepare goods before the Spring Festival. The overall order receiving and shipment situation of soda ash manufacturers is improved, and the inventory of domestic soda ash manufacturers may be relieved next week.
| Azodicarbonamide (AC foaming Agent) |
Demand: downstream demand, general performance, purchasing sentiment improved. The downstream demand of light alkali is general, the price of domestic baking soda continues to decline in the near future, the market of daily glass, sodium tripolyphosphate, effervescence alkali, monosodium glutamate and other products is general, and the overall profit is low. The downstream of heavy soda is dominated by glass enterprises. The float glass manufacturers have little change in the amount of soda ash. The price of soda ash is at a low level. The glass manufacturers have a good profit situation, stable production, and a long period of safety stock. Before the Spring Festival, the glass manufacturers should properly stock up.
3、 Future forecast
According to the soda ash analyst of the business association, the delivery situation of domestic soda ash manufacturers has improved recently, and the inventory of soda ash manufacturers has continued to decline, but the overall inventory is still at a high level. The downstream demand is general, and the end-user shall replenish the warehouse and stock up properly before the Spring Festival. Although the operating rate and domestic inventory of some soda ash enterprises have declined recently, the inventory is still at a high level, and the period price is still under obvious pressure. Considering the Spring Festival, traders are more cautious to watch the market, and it is expected that the soda ash market will be sorted out and operated next week.
| ferric sulfate (Poly ferric sulphate) |