Morning Market Brief for Soda Ash

I. Market Focus

1. Adjustments and magnitude of spot soda ash prices.
2. Changes in soda ash inventory levels and planned plant maintenance schedules.
3. Procurement volumes for futures and spot markets, as well as pending orders at alkali plants.
4. Adjustments to downstream production lines and new capacity additions.
5. Changes in import/export orders and pricing.

II. Price Table

Notes:

1. All product prices refer to domestic premium-grade products.
2. Unit: CNY/ton.
3. All RMB prices listed above are ex-works, cash-on-delivery, tax-inclusive prices.
4. The two price points represent snapshot prices from the two previous working weeks before this week, not weekly averages.
5. The change rate indicates the period-over-period percentage change.

III. Market Outlook

During the holiday period, the soda ash market remained stable with prices largely unchanged and production relatively steady. Downstream demand was moderate, resulting in low transaction volumes, as most restocking had been completed prior to the holiday and existing orders were being fulfilled during the break. After the holiday, some enterprises began scheduled maintenance, leading to an expected decrease in supply. This provides support for spot prices, alongside expectations for post-holiday restocking by downstream buyers.

IV. Data Calendar

Notes:

1. Capacity utilization reflects the ratio of actual output from production facilities to total installed capacity, serving as a key production indicator. The data in the table above represents weekly averages.
2. Production volume refers to the current output of production facilities. The data in the table above represents the total weekly output.
3. Soda ash inventory refers to the current stock levels held by soda ash producers.

Data Source: Chempricehub Information