The supply of soda ash is sufficient and the market is stable for the time being

According to the survey data of the business agency, the market of soda ash in East China was temporarily stable on the 16th, with an average market price of about 1776.67 yuan / ton. On October 15, the commodity index of light soda ash was 91.11, up 1.37 points from yesterday, down 22.70% from 117.86 (2017-11-21), the highest point in the cycle, and up 44.28% from 63.15, the lowest point on November 18, 2015. (Note: cycle refers to 2011-09-01 to now)

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In terms of supply: this week, the soda plant of Kunshan Jinggang Industrial Group Co., Ltd. was shut down for maintenance, the price of soda was raised, the plant area in Mengzhou, Jinshan has not yet been put into operation, Jiangsu Huachang and Zhongyan Jilantai were shut down for maintenance, and the overall starting load of Tianjin Bohua and Henan Jinshan enterprises was high; after the national day, the downstream users were not enthusiastic about taking the goods, and the attitude of purchasing on demand was obvious, and the storage of soda plant increased. Add.

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Demand: weak downstream demand of light alkali, sufficient inventory of glass manufacturers, little change in demand, general downstream market, weak support for soda market.

According to the soda ash analyst of business association, the starting load of domestic soda ash manufacturers has remained high recently, and the supply of goods is sufficient. At present, the stocks of soda ash manufacturers are mainly light soda, and the end users mainly purchase on demand. The demand of downstream float glass for heavy alkali has little change, and it is expected that the market of soda ash will be mainly consolidated in the later stage.