Soda Ash: Steady trading volume is still sluggish

The domestic soda ash market has been warming steadily recently, and the call for price increases has once again soared. Most factories in Central and East China have raised factory prices by RMB 30-50/ton, but some manufacturers still take a wait-and-see attitude. The domestic ammonium chloride market continues to decline. The current domestic mainstream price of wet ammonium is between RMB 1,000-1050 yuan/ton, and the mainstream price of dry ammonium is RMB 1,100 yuan/ton. Lianhe manufacturers are at the edge of losses and manufacturers have a strong intention to raise prices. Recently, the number of inspection and repair factories increased, Pingmei Flight, Hunan Zhicheng and Qingdao Alkali Industry all stopped and overhauled, and the supply of goods in the market decreased. However, there is still no improvement in the demand side. Downstream insists on on-demand purchases. Traders are more cautious and overall market turnover is sluggish. Especially in Qinghai, inventory remains high.

The soda ash market in northern China rose steadily and moderately. The light alkali price in the Shandong region was at 1300-1350 yuan/ton, and the heavy alkali mainstream was at a price of 1,400 to 14,450 yuan/ton. The price of manufacturers in the East China region was raised. The local alkali light alkali price was between RMB 1180-1250/ton, and the heavy alkali mainstream price was RMB 1,400/ton. The soda ash market in the northwest is in a sluggish market. The mainstream price of light alkali in the northwestern region is 970-1200 yuan/ton, and the mainstream heavy alkali shipment price is 1,000-1300 yuan/ton. South China soda ash market conditions are stable, the local light alkali mainstream shipping prices at 1320 yuan / ton, the main heavy alkali to the price of 1450 yuan / ton. The Huazhong soda ash market was slightly raised. The local light alkali price was about RMB 1,250/ton, and the heavy alkali mainstream price was RMB 1,400/ton.