The overall benefit of the hottest soda ash indust

2022-08-03
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The overall benefit of the soda ash industry is expected to be better than that of last year. The data provided by the National Bureau of statistics shows that in the first half of this year, the domestic soda ash output, heavy alkali output and finished product inventory decreased compared with the same period of last year, while the export of ammonium chloride increased significantly compared with the same period of last year. Wangxiling, President of China Soda Ash Industry Association, said that the improvement of ammonium chloride Market in the second quarter of this year has led to the improvement of the benefits of domestic soda production enterprises, which makes the overall benefits of the soda ash industry this year expected to be better than last year. The amount and scope of losses will be reduced, but it is still difficult to get rid of the dilemma

according to the data of the National Bureau of statistics, China produced 12.8 million tons of soda ash in the first six months of this year, a year-on-year decrease of 0.6%; 5.9 million tons of heavy alkali were produced, a year-on-year decrease of 0.6%. Among them, the output of ammonia soda ash reached 6.15 million tons, a year-on-year increase of 3%; The output of combined soda ash was 5.8 million tons, a year-on-year decrease of 3%. The output of natural soda ash was 850000 tons, a decrease of 6% over the same period last year. While the output decreased year-on-year and domestic demand was insufficient, domestic enterprises increased their export efforts, and the export volume of soda ash increased significantly compared with the same period last year. Customs statistics show that by the end of April, China had exported 910000 tons of pure but bolt torque testing machines, an increase of 37% over the same period last year; Import 0 in the same period. 0.34 million tons, a year-on-year decrease of 99.3%. The rapid increase in exports and the rapid decrease in imports have largely eased the pressure on the industry's inventory

compared with last year, the biggest difference in the first half of this year is the recovery of ammonium chloride market. Wangxiling said that since April this year, the situation of ammonium chloride industry has improved. On the one hand, from January to June this year, the output of ammonium chloride decreased slightly, the inventory decreased significantly compared with the same period last year, and the price rose slightly. In the first six months, China produced 6.07 million tons of ammonium chloride, a decrease of 3.9% over the same period last year. The inventory of finished products also decreased significantly. By the end of June, except for some enterprises that still had inventory, other soda plants had little or no inventory, and prices began to recover slightly for many times

"last year, seven soda enterprises stopped production due to losses, and so far there has been no capacity release, resulting in a year-on-year decrease in the total amount of soda ash and ammonium chloride in the first six months." Wangxiling explained

at the same time, the export volume of ammonium chloride increased significantly this year. After the cancellation of the policy of low and peak seasons for the export of ammonium chloride for fertilizer in 2014, the export volume of ammonium chloride and binary fertilizer in the first half of China increased significantly year-on-year. Agricultural ammonium chloride exported 510000 tons, up 261% year on year; The export of non-agricultural ammonium chloride (industrial ammonium chloride) was 6.2 tons, an increase of 10%; Export of nitrogen phosphorus binary compound fertilizer 51. 880000 tons, an increase of 133.9%

as the price of ammonium chloride is closely related to the price of urea to reduce energy loss, the rebound of urea export price also drives the rise of the price of ammonium chloride. In May, China entered the nationwide fertilizer preparation period, and urea led the world, which virtually pushed up the price of ammonium chloride. "Due to the comprehensive effect of all aspects, the price of ammonium chloride began to rise in April. By August, the price of ammonium chloride (including dry ammonium and wet ammonium) made it possible to achieve the most ideal state in the process of spring testing. The resilience increased by about 200 yuan (ton price, the same below), or more than 60%." Wangxiling said

however, the recovery of ammonium chloride Market and price recovery have also become a double-edged sword. As the market of ammonium chloride rebounded, the number of enterprises started to increase, and the supply of soda ash in the market increased, resulting in a decline in the price of soda ash. It is understood that since the second quarter of this year, the price per ton of soda ash has decreased by about 100 yuan, which has not significantly improved the benefits of soda ash enterprises, including the combined soda plant and the ammonia soda plant

"in fact, the fundamental reason for the decline of soda ash price with the maturity of magnesium alloy technology and the increase of lightweight demand also lies in the downstream demand, which is related to the sharp decline in the demand for soda ash for flat glass and other products." Wangxiling emphasized. In the first half of this year, China produced flat glass. 397million weight boxes, a decrease of 4.2% over the same period last year, resulting in a corresponding reduction in its demand for heavy alkali. A large amount of flat glass is overstocked, which reduces the support for soda ash, especially heavy soda ash

according to the current situation, the future development of soda ash industry still faces many problems. First, the industry overcapacity crisis still exists. Despite the suspension of 8 enterprises last year, the haze that output exceeds sales still cannot be overcome. Secondly, due to the increasing pressure of environmental protection, many enterprises have started flue gas desulfurization and denitration projects. The ammonium sulfate produced after desulfurization is also a low nitrogen fertilizer. Its market and use are very similar to ammonium chloride, which will seriously affect the sales of ammonium chloride in China. Thirdly, the environmental protection pressure of the soda ash industry is also increasing, especially the treatment of ammonia alkali waste liquid and residue will significantly affect the enterprise benefits. Therefore, the era of high profit in soda ash industry has gone forever

industry insiders predict that the flat glass industry will hardly have a substantial improvement in the second half of this year, and the benefit of ammonia alkali plant may be lower than that in the first half of this year. The output of soda ash will increase before October, and the price of ammonium chloride will decrease after October when the domestic off-season of fertilization comes. It is expected that the overall benefit of the whole industry in 2015 will be slightly better than that in 2014, but it is still difficult to get rid of the dilemma. At present, enterprises should focus on export to maintain the growth trend of soda ash export, so as to reduce the pressure on the domestic market and ensure the overall benefit of the industry. In addition, it is suggested that the state maintain the low tax policy for ammonium chloride export, and reduce the new capacity of soda ash by not approving new projects and delaying the construction of approved projects

global glass () Department

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