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Demand for soda ash rebounded in the second quarter and prices rose

wallpapers News 2020-09-16

Sanyou chemical (600409. SH) recently accepted the great wisdom News Agency (wechat: DZH)_ The company is optimistic about the soda ash market in the year. The first quarter is the bottom of the market, the second quarter will stabilize recover when the dem in the first quarter declines. The relevant person in charge of

Sanyou chemical industry said that affected by overcapacity, the soda industry has been limiting production, now the competition is to fight for cost. Due to the advantages of technology scale, Sanyou chemical has a cost reduction of 100-150 yuan per ton compared with the mainstream competitors.

in the first quarter of 2014, the net profit of Sanyou Chemical Co., Ltd. increased by more than 650%, which was mainly boosted by soda ash business. Although the dem declined, the price of soda ash increased year on year, while the price of raw materials decreased year on year.

Sanyou chemical marketing department said that the industry practice, the first quarter for soda ash off-season market. At present, the four factors support the soda ash market in the second quarter. On the supply side of

, the period from May to June is the maintenance season of pure alkali industry. Sanyou chemical industry will also carry out maintenance in June, so the market supply will be reduced. At present, the inventory of major mainstream manufacturers is not high, mainly concentrated in southwest northwest areas where transportation is inconvenient. And inventory in markets such as North China is falling. On the dem side of

, industries such as glass in the downstream have stopped falling stabilized. Therefore, it is judged that the price of heavy soda ash will stop falling stabilize when the price of heavy soda ash decreases month on month in the first quarter. At the competitive level of

, the market of ammonia chloride is relatively low. According to relevant statistics, the inventory of 2.8 million tons of ammonia chloride is formed, which may further reduce the operating rate of enterprises adopting the combined soda production process (hereinafter referred to as "combined soda"). In March, Lianhe soda enterprises took the lead in raising the price of light alkali, Sanyou Chemical Co., Ltd. followed up the price increase of light alkali by 20 yuan per ton in April. According to the company's judgment, the price of light alkali still has an upward trend in the later period.

show that the profit margin of soda ash industry is about 30%, most of them are concentrated in enterprises adopting ammonia alkali process (hereinafter referred to as "ammonia alkali"). The weakness of the combined alkali enterprises will be a support for the ammonia alkali enterprises The person said.

Sanyou Chemical Co., Ltd. mainly adopts ammonia alkali process, while the combined alkali process can produce soda ash ammonia chloride.

factors supporting the market performance of Sanyou soda ash business in the second quarter, as well as the decline of raw material prices. The company judges that the crude salt price may fall slightly in the future.

soda ash is the second major business of Sanyou chemical. In 2013, the company's soda ash business achieved an income of 2.58 billion yuan, a year-on-year decrease of 4.34%, accounting for 21.87% of the main business income, a profit of 390 million yuan
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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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