4.27 Soda Ash Daily Review: Soda Ash Market Price Stable, Production Increased, Maintenance Expectations Boosted

Soda ash market analysis

Today, the domestic soda ash market is stable and rising, with an increase of 20-80 yuan/ton. As of now, the price of light soda ash in East China is 1320-1500 yuan/ton, and the price of heavy soda ash is 1420-1500 yuan/ton; the price of light soda ash in South China is 1520-1650 yuan/ton, and the price of heavy soda ash is 1500-1680 yuan/ton. Today, the market trading atmosphere remains stable, the transaction situation has slightly warmed up, and the downstream purchases at low prices in moderation. The operation of soda ash units is basically normal, and the operating rates of Tianjin Alkali Industry and Southern Alkali Industry have increased slightly. As the industry maintenance plan is gradually released after entering May, the market supply is expected to tighten, and the bullish sentiment is marginally heated up.

Market outlook

Next month, the supply and demand pattern of the soda ash market may usher in adjustments. From the supply side, as the maintenance plan is implemented one after another, the industry operating rate is expected to decline significantly, and the market supply may shrink in stages. Demand remains relatively stable, end users maintain the rhythm of rigid purchases, and the transaction activity of low-priced sources has increased. In the short term, the soda ash market may show a stable upward trend.

Data source: Boduoduo Data Group