From the end of August to mid-October, less than two months, soda ash prices rose by 50%. In late October, soda ash prices began a new round of soaring, and the increase was close to 60% compared with mid-October, exceeding market expectations. .
Analysts believe that before the end of the year, the operating rate of soda ash companies is still difficult to increase, while the demand for soda ash is strong, and the orders received by companies are full, and the prices of products continue to rise.
The major manufacturers' orders were filled with data from the China Chemical Network. Before and after the soda ash conference held in eastern China on October 25th, several major soda ash companies raised the price of soda ash by an average of 1,000-1200 yuan per ton in mid-October. At present, the price of light alkali and heavy alkali in East China reached 2,600 yuan/ton and 2,700 yuan/ton, respectively, which was nearly 57% and 59% higher than the price of 1,650 yuan/ton and 1,700 yuan/ton in the middle.
On October 27th, Tangshan Sanyou light alkali price was 2,600 yuan/ton, heavy alkali price was 2,700 yuan/ton; Qingdao alkali light alkali price was 2,800 yuan/ton, and heavy alkali was priced at 3,000 yuan/ton; Huachang Chemical Co., Ltd. Alkali prices 2700 yuan / ton, heavy alkali prices 2800 yuan / ton; Shandong Haihua light alkali prices 2700 yuan / ton, heavy alkali prices 2800 yuan / ton. Soda ash companies all said that the current order was full and there was no supply of new orders.
Pan Xiaoli, an analyst at China Chemical Network, believes that the main reason for the rise in soda ash prices is the shortage of supply due to energy conservation and emission reductions.
Although the National Development and Reform Commission issued a notice in September to correct many local governments to adopt the “one size fits all†piezoelectricity and power restriction measures to achieve the “Eleventh Five-Year†energy-saving and emission reduction targets, the local government’s energy-saving and emission reduction power-limiting policies continued, including Jiangsu and Zhejiang. The strength of Shandong, Henan, and Northeast China is relatively large, resulting in lower operating rates of soda ash plants in these areas.
It is understood that Henan Jinshan Chemical and other companies suspended production, Henan Zhongyuan Chemical Soda plant started 40%, while the Shuanghuan technology companies such as soda ash plant shutdown maintenance, in addition, Sichuan and Shaanxi area tight supply of natural gas, the Asian Games approaching, South China companies limit production expectations Gradually increasing, the supply of goods from other places is expected to decrease, and many factors cause the price of soda ash to “rise.â€
Analysts believe that before the end of the year, the operating rate of soda ash companies is still difficult to increase, while the demand for soda ash is strong, and the orders received by companies are full, and the prices of products continue to rise.
The major manufacturers' orders were filled with data from the China Chemical Network. Before and after the soda ash conference held in eastern China on October 25th, several major soda ash companies raised the price of soda ash by an average of 1,000-1200 yuan per ton in mid-October. At present, the price of light alkali and heavy alkali in East China reached 2,600 yuan/ton and 2,700 yuan/ton, respectively, which was nearly 57% and 59% higher than the price of 1,650 yuan/ton and 1,700 yuan/ton in the middle.
On October 27th, Tangshan Sanyou light alkali price was 2,600 yuan/ton, heavy alkali price was 2,700 yuan/ton; Qingdao alkali light alkali price was 2,800 yuan/ton, and heavy alkali was priced at 3,000 yuan/ton; Huachang Chemical Co., Ltd. Alkali prices 2700 yuan / ton, heavy alkali prices 2800 yuan / ton; Shandong Haihua light alkali prices 2700 yuan / ton, heavy alkali prices 2800 yuan / ton. Soda ash companies all said that the current order was full and there was no supply of new orders.
Pan Xiaoli, an analyst at China Chemical Network, believes that the main reason for the rise in soda ash prices is the shortage of supply due to energy conservation and emission reductions.
Although the National Development and Reform Commission issued a notice in September to correct many local governments to adopt the “one size fits all†piezoelectricity and power restriction measures to achieve the “Eleventh Five-Year†energy-saving and emission reduction targets, the local government’s energy-saving and emission reduction power-limiting policies continued, including Jiangsu and Zhejiang. The strength of Shandong, Henan, and Northeast China is relatively large, resulting in lower operating rates of soda ash plants in these areas.
It is understood that Henan Jinshan Chemical and other companies suspended production, Henan Zhongyuan Chemical Soda plant started 40%, while the Shuanghuan technology companies such as soda ash plant shutdown maintenance, in addition, Sichuan and Shaanxi area tight supply of natural gas, the Asian Games approaching, South China companies limit production expectations Gradually increasing, the supply of goods from other places is expected to decrease, and many factors cause the price of soda ash to “rise.â€
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