Shandong sodium bicarbonate prices weak at 1000-1100 yuan/t on Sep 7; upstream soda ash stable, downstream buying on demand. Prices expected to consolidate.
Soda ash prices stabilize with slight upticks; supply trims via maintenance, but stocks high, demand weak. Output ~97k tons/day.
Weekly soda ash inventory in China reached 1.9113 million tons on Sept 3, up 2.06% from last week, with light ash at 1.0429 million tons and heavy ash at...
In the week of Sep 3, soda ash plant operating rate fell 4.97% WoW to 75.47%; output dropped 6.18% WoW to 718,800 tons.
In the week to Sep 3, China's soda ash shipments fell 7.88% QoQ to 680,200 tons, with a shipment rate of 94.63%.
Henan Haohua Junhua's soda ash unit was briefly shut down on Aug 31 due to boiler issues, expected to last about 3 days.
As of Aug 31, domestic soda ash inventory was 1.9084 million tons, up 2.05% WoW, with light ash at 1.0436 million tons and heavy ash at 0.8648 million tons.
Soda ash prices steady, slight uptick; supply down, demand weak. Watch freight, inventories.
Weekly soda ash operating rate rose 2.13% to 80.44%, with output up 2.72% to 766,200 tons for the week of Aug 27.
In the week ending August 27, China's soda ash companies shipped 738,400 tonnes, down 2.54% week-on-week, with a shipment rate of 96.37%.
