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In October, the ex-factory prices of industrial salt from the two alkali companies continued to rise

Source: Sinochem New Network
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November 17, 2023, 11:19 AM
In October, the Xinhua·China Salt and Alkali Industrial Salt Price Index reported 1,346.35 points, an increase of 155.20 points, or 13.03% from the previous period (September 2023); an increase of 346.35 points, or 34.64% from the base period (January 2018); a decrease of 390.31 points, or 22.47% from the highest point in the cycle of 1,736.66 points (April 2022); It rose 530.15 points, or 64.95% from the lowest point in the cycle of 816.2 points (August 2020).
In terms of subregions, in October 2023, Anhui, Sichuan, Yunnan, Hubei, Hunan, Jiangsu, Jiangxi, Shandong, Liaoning, Chongqing, Ningxia, Shaanxi, Hebei, and Xinjiang increased compared with September 2023; the ex-factory price of Qinghai alkali industrial salt was the same as that in September 2023; the ex-factory price of Henan and Tianjin alkali industrial salt fell compared with September 2023.
In terms of price ranges, there are 12 regions with a unit price of more than 300 yuan/ton for the two alkali industrial salts in this period, including Anhui, Sichuan, Yunnan, Henan, Hubei, Hunan, Jiangsu, Jiangxi, Shandong, Liaoning, Tianjin, and Chongqing; There are 5 regions with a unit price of less than 300 yuan/ton for the two alkali industrial salts, namely Ningxia, Shaanxi, Hebei, Xinjiang, and Qinghai. nbsp;
In October, the ex-factory prices of industrial salts of the two alkalis continued to rise. In terms of the sea salt market, the eastern sea salt producing areas continue to be upgraded, and the market supply is relatively abundant. Affected by China's strong demand for salt, shipments of sea salt production companies have been smooth, and market transaction prices have increased this month (October 2023, the same below). In terms of the well and mineral salt market, the company's production is stable. Under the influence of strong demand for edible salt market, the company actively shipped goods, and the well and mineral salt market price rose within the month. In terms of the lake salt market, lake salt output decreased this month, shipments by production companies were relatively smooth, and transaction prices in the lake salt market increased within the month.
In terms of the downstream soda ash market, soda ash market output remained high in October, demand was stable and strong, corporate inventories continued to increase, and soda ash transaction prices fell this month. In terms of the caustic soda market, liquid caustic soda production enterprises are at a relatively high level and the market supply is sufficient. On the demand side, the demand for liquid soda by downstream production companies decreased this month, and the price of liquid soda fell. In terms of the caustic soda market, the caustic soda production enterprises started normally this month, and the market supply is relatively sufficient. Affected by the downward trend in liquid soda prices, the sales pace of production companies has slowed down, corporate inventories have increased, and market prices have fallen this month. Source: Sinochem New Network