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Soda ash Association meeting in Qingdao

wallpapers News 2020-10-04

yesterday, a number of soda ash enterprises disclosed to Shanghai Securities Daily that the domestic soda industry association held a meeting in Qingdao last week to finalize the intention of price increase. Several listed companies participating in the quotation said that they would jointly raise the price in early September at the latest, with the price increase range of 50-100 yuan / ton for heavy alkali 20-30 yuan / ton for light alkali. Analysts pointed out that the sudden outbreak of soda ash industry's silence for five months is closely related to the strong rise of the downstream glass industry. Some glass manufacturers even fell into the embarrassing situation of "one alkali is hard to find", it is difficult to alleviate it in the short term.

are getting warmer in the downstream, leading to "difficulty in finding a single alkali",

. According to the latest data from the business agency, Shong Haihua first raised the price of heavy alkali to 1500 yuan / ton, an increase of 50 yuan / ton. "We will see a general rise in early September." Song Ping, soda ash analyst of the chemical branch of the business society, said: "the downstream glass industry rose one month ahead of schedule, the supply of soda ash in the upstream was in short supply. Heavy alkali first rose because most manufacturers quoted the same price with light alkali in the early stage. Now enterprises want to fill the gap between products. In view of the fact that heavy caustic soda has more room for growth, manufacturers have adjusted their production structure increased their heavy alkali production. The "heavy light production ratio" of some manufacturers has reached 8:2

industry insiders said that this year's "golden nine silver ten" of the upstream downstream of soda ash is more solid has policy support. According to the "eight regulations" of the State Council the executive meeting of the State Council, the policies related to the transformation of shantytowns are accelerated, glass consumption is directly promoted into the peak season. The upstream soda ash industry is bound to feel this policy spring wind.

according to the data of Zhuo Chuang information, the price of Shahe float glass as a market vane has soared recently. Since July 23, the price of sheet metal has increased by 0.8-1.2 yuan / m2. Last week, the national float glass price rose 0.6% again, the inventory was 27.17 million heavy containers, with a slight decrease of 50000 heavy containers on a month on month basis.

Song Ping pointed out that the overall operating rate of soda ash industry was less than 70%, the dem of glass industry in the downstream was increasing sharply. This short-term imbalance between supply dem was the biggest driving force for soda ash to enter the rising channel.

enterprises' willingness to raise prices has been suppressed for a long time.

have opened the semi annual report of listed companies. It can be seen that the continuous downturn of soda ash price has seriously affected the company's performance, several listed companies whose main business accounts for nearly half of the total soda ash are almost wiped out. In the first half of the year, Shong Haihua's business income was 2.022 billion yuan, a year-on-year decrease of 21.26%, a net profit loss of 254 million yuan; in the first half of 2013, the operating income of Qingdao Soda Industry was 966 million yuan, a year-on-year decrease of 11.63%, the net profit was reported to be 106 million yuan; the net loss of Shuanghuan technology in the half year of 2013 was 91.9887 million yuan.

in the words of industry insiders, "five months of continuous decline has put pressure on soda ash enterprises, so they all want to seize the" golden nine silver ten "price season with the strongest improvement raise prices collectively. At present, the inventory of glass industry in the downstream is declining, the supply of heavy alkali is in short supply. Even if there is no industry association to lead, the price rise is a certainty. The price increase can alleviate the pressure on the industry to a certain extent, the listed companies with a large proportion of soda ash benefit most obviously. "

"soda ash as basic chemical raw materials, the overall operation in the first half of the year was insufficient, unable to meet the needs of the downstream glass industry." Song Ping, a soda ash analyst at the chemical branch of the business agency, told the Shanghai Securities News: "the national float glass inventory fell again last week, but the orders continued to rise." It is understood that soda manufacturers in the first half of the year in the case of low prices, have been limiting production price. In the first half of 2013, the operating rate of domestic soda enterprises was only maintained at 70%. The 200000 ton soda plant in Fengxi of Shanxi Province the 750000 ton soda plant in Debang of Jiangsu Province have been in shutdown state.

Song Ping pointed out that before the contradiction between supply dem was improved, the long suppressed willingness of soda ash industry to raise prices will break out intensively, early September is a key time point.


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TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years' experience in providing super high-quality chemicals and Nanomaterials. The nitride powder produced by our company has high purity, fine particle size and impurity content. Please contact us if necessary.
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