ShanDong Rising International Co., LTD.-Product Directory

I. Soda Ash

A. Production and Inventory

●The total output of the industry is about 534,000 tons, and the total industry inventory is about 1,730,000 tons.

●Soda ash industry stocks peaked after a sustained and substantial increase and began to decline.

[Keywords]: Inventory, peak, decline

For your information: the picture below show the trend of sodium carbonate inventory from 2019 to 2022.

B. Market Outlook

According to the statistics of 28 downstream enterprises of light soda ash and 22 downstream enterprises of dense soda ash：

●The operating rate of downstream enterprises of light soda ash is about 65%, and the average days of inventory of light soda ash is 16 days.

The operating rate increased by 2% compared with last week, and the days of inventory was basically the same as last week.

●The operating rate of downstream enterprises of heavy soda ash is about 96%, and the average days of inventory of heavy soda ash is 36 days.

The operating rate was unchanged from last week, and the days of inventory increased by 2 days from last week.

◆Domestic trade price of light soda ash: mainstream factory price 2050-2250 RMB per ton.

◆Domestic trade price of heavy soda ash: mainstream factory price2350-2450 RMB per ton.

◆Foreign trade price of light and heavy soda ash: some manufacturers of light soda ash is FOB USD325-335/MT; some small and medium-sized soda ash manufacturers dropped their price to FOB USD305/MT.

【Keywords】: price rise slightly, price stable.

C. Maintenance Information

●This week, the average operating rate of soda ash manufacturers was about 83%.

△Henan Junhua plans to overhaul for 5 days next week.

△After the overhauls of Jiangsu Jingshen and Henan Jinshan were completed, the operating rate increased.

D. Brief Analysis

Supply: There are few maintaining manufacturers, the industry's operating rate is high and stable and is about 83%, and the supply of soda ash is sufficient. Because of Chinese New Year, downstream stocking and futures delivery, soda ash manufacturers shipped well and inventory declined.

Demand: The downstream manufacturers of light soda ash are not operating at a high level. Faced with pre-holiday stocking and production suspension, they basically maintain a reasonable inventory and are relatively stable; the glass industry has maintained a relatively high level of short-term manufacture, and the demand for heavy soda ask is stable and factories continue to stock up.

Export: The export price of soda ash from China had fallen sharply, but it has stabilized now. Inquiries and orders have increased. However, as the Spring Festival is approaching, the shipping market is tight, and the freight is relatively high. The effective delivery period basically ends around January 25th.

【Keywords】: High inventory, glass factory stocks up, inventory declines, prospective price rises slightly.

[Our company's domestic trade plan is full this month, and the export plan will start accepting orders next month. If you need to place an order, welcome to inquire]

II.Calcium Chloride

A.Inventory and Price Fluctuations

●Industry inventory is around 90,000 tons, lower than last week。

●Price remains unchanged from last week。

【Keywords】：Stable price, stable inventory with decline.

B.Market Outlook

◆Acid method calcium price: mainstream factory price 750-950 RMB per ton.

◆Alkaline method calcium price: the mainstream factory price is 1050-1250 RMB per ton.

◆Export price: some manufacturers FOB is USD155-175/MT。

C.Maintenance Information

△Shandong Haitian suspends production

△Shandong Haihua suspends production

D.Brief Analysis

1. The industry's operating rate continued to be low, the export volume increased, and the industry inventory fell. The snow-melting agent industry has basically completed the stocking. The current price is showing a downward trend from high position, and the price is still adjusting.

2. In terms of foreign trade, procurement in the Korean market has basically ended. There are many orders from the Middle East countries, main manufacturers like Jingshen, Juhua and Sanfu, they are actively producing and stocking. Haihua and Haitian are still in suspension. In the Southeast Asian market, inquiries have increased due to the reduction of market prices and the reduction of ocean freight.

On the whole, the downstream manufacturers have basically completed the stocking of calcium chloride in the early stage, the industry operating rate is low, the price has fallen from a high level, and the adjustment is in progress. After the year, the demand from downstream factories such as snow-melting agents factory will decrease, and the price is expected to decrease further.

[Keywords]: Prospective price decreases.

[Our company offers flexible pricing for tablet, ball and powder products according to product classification; according to different customer needs, we will provide you different strategic cooperation factory with low-cost and high-quality products. There is a surplus of calcium chloride this week. Welcome to inquire]

III.Sodium Bicarbonate

A.Inventory and Price Fluctuations

●The industry inventory is around 80,950 tons, dropped from last week。

●Recently, the trading atmosphere of the domestic baking soda market has improved, and the price has remained basically unchanged.

【Keywords】：Price, inventory unchanged.

B.Market Outlook

◆Domestic trade price: mainstream factory price 2150-2350 RMB per ton.

◆Export Price: mainstream factory FOB price is USD305-315/MT

C. Maintenance Information

●This week, the average operating rate of baking soda manufacturers was about 62%.

△Zhongyuan Chemical's baking soda plant was overhauled and production was insufficient。

D.Brief Analysis

1. The demand of downstream baking soda using enterprises has declined, the manufacturers are firm in maintaining stability of price, and customers are taking a wait-and-see attitude and purchasing on demand.

2. In the export market, the price of the South Korean market has dropped, and customers are mainly on the sidelines; the Southeast Asian market has stable orders, but the sea freight price has skyrocketed, which has increased the cost and difficulty of receiving orders.

On the whole, under multiple factors such as the Spring Festival and the outbreak of pandemic, the downstream enterprises of baking soda actively stocked up on a precautionary basis, the inventory fell from a high level, and the baking soda market stabilized.

【Keywords】：Price tends to stabilize.

【We are also a supplier of high-quality baking soda, and currently have a small amount of stock, to provide you with a stable price and guaranteed quantity when the market fluctuates. Good service is our priority. Welcome to inquire]

D. Sodium Nitrite / Sodium Nitrate (Tow Sodium)

A.Industry Capacity, Output and Impact of Changes

●The industry production capacity is about 990,000 tons, and the actual output is about 330,000 tons.

●The operating rate of sodium nitrite/nitrate (two sodium) industries was 33%, and the industry inventory was reduced to 8,300 tons.

【Keywords】：Industry inventory declines.

B. Market Outlook

◆The main regional prices of two sodium:

Sodium nitrite in northern region is 3250-3550 RMB per ton.

Sodium nitrate in northern region is 3150-3250 RMB per ton.

C.Brief Analysis

This week, the market price of two sodium went up, and each increased by 100 RMB.

1. The two sodium industries are still running at a loss, the operating rate has further decreased, the inventory has been reduced, and the price has been raised.

2. The downstream enterprises of sodium nitrite such as medical, dye, fluorobenzene, nitromethane, metal heat treatment, electroplating, antifreeze industries, have low operating rate, because of approaching the Spring Festival. Downstream enterprises of sodium nitrate such as glass, explosives, metal heat treatment, also have low operating rate.

On the whole, most of the downstream industries of two sodium are affected by factors such as Chinese New Year, costs, energy consumption indicators, and strict environmental protection inspections, resulting in lower operating rate and lower demand. At the same time, the loss of two sodium manufacturers is relatively large, the industry operating rate is at a low level, and the inventory is also reduced. Two sodium manufacturers take orders negatively, and prospective price of two sodium may increase.

【Keywords】: Operating rate of manufacturers and downstream enterprises is low, inventory declines, and prices increase.

[Two sodium is also an important product of Ransheng Chemical. Our spherical sodium nitrate has uniform particles and stable quality (see the picture below), please call to order]

Domestic and foreign trade business department：

Mr. Wang:   15553610893

13605329545

Ms. Zhao:    18364676755

13031674825

Ms. Liu:     13188837701

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■Please search for the official account on WeChat: Ransheng Chemical■

Disclaimer: This article only represents the author's point of view. If you have any objections or suggestions, please feel free to email us at eric@risingchemicals.com. Our staff will reply in time. It is also an important part of Ransheng Chemical's work to provide you with information services. Thank you for your reading.