Latest Chemical News

Hello, come to consult our products !

01

Soda Ash

1. Output and inventory

● The total output of the industry is about 540,000 tons, and the total inventory of the industry is about 330,000 tons.

● Total inventory rose by 10,000 tons from last week, up 3.1% from the previous week.

[Key words] : Slightly increased inventory

2. Market conditions

According to the statistics of 28 downstream light alkali enterprises and 22 downstream heavy alkali enterprises:

● The operating rate of downstream Soda Ash light enterprises is about 80%, and the average Soda Ash light inventory days are 10 days. Rate of operation rose 2% from the previous week and inventory days were flat from the previous week.

● Soda Ash dense downstream enterprises operating rate of about 98%, average Soda Ash dense inventory days of 40 days. Rate of operation were flat from the previous week and inventory days were flat from the previous week.

◆ Foreign trade price of Soda Ash light and dense: the price quoted by the main manufacturers is FOB USD300-340/MT, the foreign trade increases greatly and the quantity is controlled.

[Key words] : Price rise, domestic trade increase 50-200 yuan/ton

3. Maintenance information

● The average operating rate of Soda Ash factories this week is about 80%, up about 1% from last week.

4.Analysis

Supply: Domestic soda stocks are up slightly from last week, utilization rate is up from last week, supply is expected to increase later, but it can be seen that overall stocks remain low.This price increase is affected by the overall price increase of various raw materials (raw salt, limestone, coal, coke, etc.).The supply side is expected to remain tight.

Demand: Glass to Soda Ash dense usage continues to rise this week, according to the survey:

(1) A total of 227 photovoltaic glass production lines in the country, the daily melting of about 40,000 tons, an increase of about 0.4% from last week, the daily melting is basically flat.

(2) There are 265 float glass production lines in the country, and the daily melting capacity is about 175,000 tons. The daily melting capacity is about 1,000 tons less than last week.

In general, due to the support of glass to Soda Ash dense, the downstream orders are sufficient.Soda Ash light downstream market is still general, but the raw material overall price increase, no doubt to the supplier in the game to increase chips.Overall, low inventory, rigid demand and sufficient orders are expected to continue to operate at a high level in the short term.

【 Key words 】 : Raw material price rise, soda Ash price rise

 

02

Calcium Chloride

1. Inventory and price fluctuations

● Industry stocks are around 120,000 tonnes, down 5,000 tonnes from last week.

● Prices were little changed from last week.

【 Key words 】 : Inventory reduction, price flat

2. Market conditions

◆ Export price: FOB USD110-115/MT from some manufacturers.

【 Key words 】 : The price is basically flat.

3. Maintenance information

The current production limitation of Weifang Toption Chemical has basically ended, and it is estimated that all the production will resume this month.

4.Analysis

Inventories edged down from the previous month and domestic prices were flat from the previous week, a continuation of the previous week.

(1) In terms of domestic trade, the purchase of chemical fertilizer, water treatment, dye, snow melt agent and antifreeze powder is normal, while the purchase period of cold drink industry has expired, and the purchase has decreased.

(2) In foreign trade, the bidding in the Middle East has not been postponed until this month. After the bidding is launched, the market may be boosted.

Generally speaking, the production of manufacturers is basically stable this week, and the inventory is stable. We estimate that the price of Calcium Chloride Flakes/Powder will rise gradually with the gradual stocking of the snowmelt agent market and the start of the export market. Raw material price rise can not be ignored, still suggest users to stock up in advance, minimize the impact of subsequent price rise.

[Key words] : Downstream stock reduction, the price is expected to rise slowly

 

03

Sodium Bicarbonate / Baking Soda

1. Inventory and price fluctuations

● The industry inventory is about 22,000 tons.That’s about 5,000 tons less than last week.

● The average price increases by USD10/MT.

【 Key words 】 : Inventory drop, price rise

2. Market conditions

◆ Foreign trade price: main export price FOB USD300-310/MT.

【 Key words 】 : Price rise

3. Maintenance information

● Baking soda manufacturers are running at an average rate of about 90% this week, up 10% from last week.

The environmental protection inspection team will continue to settle in Weifang this month, which is expected to take one month.

4. Analysis

(1) This week’s inventory decline, by one of the raw materials Baking Soda prices continue to rise, manufacturers generally increase prices.

(2) Food industry and feed grade Sodium Bicarbonate sales continued peak season, sales increased. Vitamin C industry bidding this month. After the regulation of environmental protection, the sales volume of Baking Soda for desulphurization and denitration of steel mills increased.

In general, the inventory declined this week, driven by the rising price of raw materials and downstream demand. With the start of some domestic industries and the increase of consumption, it is expected that the price of Sodium Bicarbonate market will remain high.


Post time: Sep-06-2021