The soda ash market moves quickly on a healthy track

The domestic soda ash market has maintained a good momentum of development in the near future, and prices continue to rise strongly. The main downstream industries of domestic soda ash have a good development situation and the demand is showing a warming trend. Soda ash exports are in a sustained growth trend driven by strong international market demand. During the year, the domestic soda ash market demand will continue to maintain a strong demand situation, and the level of output growth will also remain relatively stable. Market prices will continue to rise.
In November, the average domestic soda ash market price rose by 20 yuan from the previous month (t price, the same below). Soda ash mainstream average ex-factory price, light alkali 1420 yuan, heavy soda ash 1470 yuan; mainstream average market price, light alkali 1520 yuan, heavy soda ash 1570 yuan. The increase in prices is mainly due to the increasing market demand.
This year's domestic soda ash market has no obvious distinction between the peak demand period and the low season period in previous years, and the market demand is always in a sustained growth trend. In November, the glass industry, building materials industry, nonferrous metal industry, and chemical industry gradually entered the peak season of demand, which greatly promoted the development of the soda industry. In November, the refining industry continued to maintain a relatively high level of growth. The pesticide and textile industries also entered the production season one after another.
From the statistics of the downstream industries of soda ash, from January to October, the cumulative growth rate of the alumina industry was 53.7%, the paper industry was 20.8%, the flat glass industry was 12.9%, the daily glass industry was 16.6%, and the synthetic detergent was 13.7. %, chemical pesticides 22.2%, refining industry 5.3%.
According to statistics, in October, domestic soda production was 1.395 million tons, an increase of 10.4% compared with 1.263 million tons in the same period of last year. From January to October, the cumulative production of soda ash was 13.112 million tons, which was 11.1% higher than the cumulative output of 11.802 million tons in the same period of last year. Domestic soda ash producers currently have good production conditions, and the plant operating rate is also at an optimal level. The product inventory rate is relatively low, and the production and sales rate remains at a relatively high level. The market demand remains at a continuously rising stage.
China's soda ash industry development and market demand are currently in a period of sustained rapid growth in recent years. The substantial increase in domestic and foreign market demand has strongly promoted the steady growth of domestic soda ash industry. In particular, the chemical industry, nonferrous metal industry, electronic industry and building materials industry have played an important role in the development of soda ash industry this year. At the same time, strong international market demand has effectively diverted domestic soda ash market pressure.
Due to the increase in domestic market demand, the growth rate of soda ash exports has dropped, resulting in a negative growth in the recent exports of soda ash. Under the influence of rising domestic and international market demand, it is expected that the domestic soda ash market will continue its vigorous development during the year, and the market price is still rising.