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ISSUE NUMBER: 079 February 2015 Lily Wang +861064335599-637 [email protected] CAUSTIC SODA…………………………………………………………… (Page 1-18) Raw Material Domestic market Export market Downstream market Forecast Production news SODA ASH ………………………………………………………………… (Page 19-26) Domestic market Soda ash price monitoring Export Date HYDROCHLORIC ACID …………………………………………………… (Page 27) CHLORINE ………………………………………………………………… (Page27-28) ISSUE NUMBER: 079 February 2015 Lily Wang +861064335599-637 [email protected]

China Chlor Alkali Monthly Report Feb 2015

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  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    CAUSTIC SODA (Page 1-18)

    Raw Material

    Domestic market

    Export market

    Downstream market

    Forecast

    Production news

    SODA ASH (Page 19-26)

    Domestic market

    Soda ash price monitoring

    Export Date

    HYDROCHLORIC ACID (Page 27)

    CHLORINE (Page27-28)

    ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Salt market

    In January, domestic salt market remained steady supply/demand structure. The oversupply

    condition had no improved evidently in some regions. According to the statistics, salt outputs in

    December continued to go down and the accumulative outputs reduced slightly. The market supply

    decreased slowly. However, due to sluggish demands, salt market still remained steady condition.

    As for solar salt market, coupled with the higher outputs and watery demands, salt stocks were

    higher in the end 2014. Meanwhile, some salt players expected spring salt production may be begin

    in advance, so they want to clear the stocks, mirroring the reduction in solar salt prices. For well salt

    market, downstream demands were stable relatively, and well salt market was going steady. But in

    some areas, the oversupply condition still existed. In western areas, lake salt tonnages mainly sold

    to local users. The prices were steady. In import salt market, the import price was at USD 20-25/mt

    and higher import price was around USD 30-35/mt.

    Prevailing prices

    Market movement

    Region

    Price Property RMB/mt

    Solar salt

    Shandong ex-work 160-220

    (in. tax) Last month, solar salt market was steady and the

    prices were different in different areas. In northern

    areas, affected by spring salt production, some

    players started to clear the stocks, causing the

    reduction in prices. In eastern areas, thanks to

    lower salt outputs, solar salt market was steady. In

    S.China, the market tendency was going stable.

    Tianjin ex-work 270

    (inc. tax)

    Hebei ex-work 180-210

    (inc. tax)

    NE,China ex-work 240-260

    (inc. tax)

    Lake salt

    Inner

    Mongolia ex-work

    230-240

    (inc. tax)

    Last month, lake salt sales were hard to operate in

    NW.China and the tonnages mainly supplied to

    local users. At present, some players stopped the

    sales to other areas. Salt fields mainly carried out

    the maintenance presently. The transportation was

    normal.

    Qinghai ex-work 230-240

    (inc. tax)

    Xinjiang ex-work 170-220

    (inc. tax)

    CAUSTIC SODA

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Prevailing prices

    Market movement

    Region

    Price Property RMB/mt

    Well salt

    Sichuan ex-work 240-260

    (inc. tax)

    In January, well salt market remained stable

    tendency. The market negotiation and the

    conclusion prices fluctuated slightly. Thanks to

    tighten environmental protection policy, the

    demands on well salt increased slowly. However,

    the well salt supply was still sufficient and the

    inventory pressures would hard to alleviate in the

    short term.

    Hunan &

    Hubei ex-work

    190-200

    (inc. tax)

    Jiangxi ex-work 200-220

    (inc. tax)

    Jiangsu ex-work 190

    (inc. tax)

    Domestic market

    DOMESTIC PRICES OF LIQUID CAUSTIC SODA

    Region

    Prevailing prices (RMB/ lmt) Market movement

    M-32%: Membrane grade 32% liquid caustic soda

    M-32% Four weeks

    ago

    E.China

    590-700

    620-760

    In January, caustic soda market behaved watery in E.China.

    The prices declined slightly in some areas. In Zhejiang, the

    prevailing price was between RMB 700-710/mt FD and RMB

    730-740/mt FD for 30% membrane grade soda and 32%

    membrane grade soda respectively. In Jiangsu, the market

    prices went down slowly affected by the market condition of

    Shandong. The prevailing price of 32% membrane grade

    soda was between RMB 590-620/mt ex-work. And the price of

    48% membrane grade soda was around RMB 1010-1030/mt

    ex-work. The real business was common. In Zhejiang and

    Jiangsu, the offtakes were running common and some

    producers felt certain inventory pressures. Meanwhile, along

    with spring festival coming, some players adjusted the

    operation rate for alleviating the inventory pressures.

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Region

    Prevailing prices (RMB/ lmt)

    Market movement

    M-32%: Membrane grade 32% liquid caustic soda

    M-32% Four weeks

    ago

    S.China 650-740 650-740

    Caustic soda market was quiet in S.China. The prices went

    downwards slightly. In Fujian, chlor alkali producers and

    traders offered 32% membrane grade soda at RMB

    740-770/mt FD and 50% membrane grade soda at RMB

    1100-1130/mt FD. In Guangdong, caustic soda market was

    insipid. Traders offered at RMB 700-730/mt ex-house and

    RMB 1080-1120/mt ex-house for 32% membrane grade soda

    and 50% membrane grade soda respectively. Some

    lower-prices tonnages flew into the market of S.China, and

    downstream demands also emerged weaker condition, so the

    real business was poor and most downstream users held wait

    and see attitude on the market condition.

    N.China 460-600 470-600

    Caustic soda market behaved insipid tendency in N.China,

    and the prices declined evidently. In Shandong, 32%

    membrane grade soda price was at RMB 460-550/mt, and

    lower prices went down evidently. The real deals were

    common. In Shanxi and Hebei, the market was also watery

    and the lower-price tonnages from Shandong brought certain

    influence on local market. In Tianjin, the supply/demand

    condition was steady. The export business was normal. In a

    word, caustic soda market behaved common in January and

    the market business was sluggish.

    NW.China 360-480 370-480

    In NW.China, caustic soda market behaved common and the

    prices went downwards slowly. In Inner Mongolia, the

    prevailing prices were between RMB 1130-1200/mt ex-work

    and RMB 1250-1300/mt ex-work for 32% membrane grade

    soda and 48-50% membrane grade soda respectively. In

    Ningxia, the prevailing prices were around RMB 1230/mt

    ex-work and RMB 1300/mt ex-work for 32% membrane grade

    soda and 48% membrane grade soda respectively. In

    NW.China, liquid soda goods mainly supplied to local flake

    soda industry and neighboring alumina industry. Downstream

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Region

    Prevailing prices (RMB/ lmt)

    Market movement

    M-32%: Membrane grade 32% liquid caustic soda

    M-32% Four weeks

    ago

    users were no positive in purchasing. The market was watery.

    NE.China 750-800 750-800

    In January, caustic soda market was unchanged compared to

    the former period in NE.China. The prevailing price of 30-32%

    membrane grade soda was around RMB 700-800/mt ex-work.

    And the mainstream price was RMB 900/mt ex-work, RMB

    1150/mt ex-work and RMB 1290/mt ex-work for 42%

    membrane grade soda, 45% membrane grade soda and 50%

    membrane grade soda respectively. Caustic soda supply was

    stable, and mainly sold to local users. Few goods delivered to

    S.China. The market deals were gentle.

    SW.China 610-750 610-750

    In SW.China, caustic soda market was watery and the prices

    were at dull side. In Sichuan, the prevailing prices were

    between RMB 1700-1750/mt ex-work and RMB 1850-1900/mt

    ex-work for 32% membrane grade soda and 50% membrane

    grade soda respectively. The real business was gentle. In

    Yunnan and Guizhou, caustic soda prices stayed at former

    level with normal deals. As a whole, caustic soda

    supply/demand condition was stable in SW.China.

    C.China 540-660 540-660

    In C.China, caustic soda market was stable and the prices

    were unchanged. In Hunan, the prevailing price of 32%

    membrane grade soda was between RMB 540-600/mt

    ex-work; and in Hubei, the prevailing price of 32% membrane

    grade soda was between RMB 640-660/mt ex-work. In

    Henan, the prevailing price of 32% membrane grade soda

    was between RMB 1700-1800/mt ex-work. The market deals

    were normal. Downstream users purchased the goods

    normally and chlor alkali players ran the units with stable rate.

    As a whole, caustic soda market was at dull side.

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    DOMESTIC PRICES OF FLAKE CAUSTIC SODA

    Region Data Prevailing prices (RMB/ mt)

    Prevailing prices (RMB/ mt)

    96% 99%

    S.China Jan 1 Jan 30 2150-2300 2180-2300

    Flake soda market was watery in S.China.

    The price of 99% flake soda tonnages from

    NW.China was at RMB 2200-2250/mt.

    Lower prices were around RMB 2150/mt.

    Downstream users were cautious to

    purchase and they bought the goods

    according to real demands. Along with

    spring festival holidays coming, some

    downstream users stopped the production

    in advance, mirroring the reduction on flake

    soda demands. Some players held wait and

    see attitude on the market condition. It was

    expected flake soda market would hard to

    turn better in the coming days.

    Domestic Prices of 32% Caustic Soda

    (From Jan-1st2012-January 30th 2015)

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Region Data Prevailing prices (RMB/ mt)

    Prevailing prices (RMB/ mt)

    96% 99%

    N.China Jan 1 Jan 30 1800-2050 1850-2150

    Flake soda market maintained insipid

    tendency in Shandong. The prices were

    RMB 1900-2050/mt ex-work and RMB

    2000-2100/mt ex-work for 96% flake soda

    price and 99% flake soda price

    respectively. Downstream demands were

    poor. Some flake soda players stopped the

    production, mirroring common deals. It

    was expected flake soda market would

    hard to turn better in the short term.

    NW.China Jan 1 Jan 30 1650-1850 1700-1950

    Flake soda market stayed at lower level in

    NW.China. The real deals maintained at

    former level. The 96% flake soda price was

    at RMB 1700-1750/mt ex-work and lower

    price was at RMB 1650/mt ex-work. 99%

    flake soda price was RMB 1700-1850/mt

    ex-work. Lower price was around RMB

    1680/mt. Local flake soda supply was

    sufficient. Downstream demands were

    common. Players had no better expectation

    on the coming market.

    Export market

    The liquid caustic soda export market

    In early January, liquid soda export market continued to behave insipid situation with common deals.

    It was said the caustic soda prices were lower in Japan and S.Korea. Meanwhile, the tonnages from

    Japan flew into the foreign market, forming certain impaction on liquid soda export business. Until the

    end Jan, one enquiry from Australia gave certain confidence on market players. However, due to

    limited spot supply, the real deals had not improved evidently. But some market players held certain

    confidence on the coming market condition. To the end Jan the prevailing export price of liquid soda

    was around USD 260-280/mt FOB CMP.

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    N.China areas: In January, some export players still insisted on higher export prices. Until the end

    Jan, the export prices went down slightly. The mainstream export prices were around USD

    280-285/mt FOB CMP. In addition, the export players in Shandong were not positive currently. They

    held wait and see attitude on the market condition and closed their nominations recently.

    E.China areas: In January, the export market of liquid soda maintained former export tendency. One

    main export players still closed their nominations. It was said the enquiry increased compared to the

    former period. Another export players published their export prices, but the real deals were common.

    The solid caustic soda export market

    In Jan, the export market of solid soda was unchanged and the prices fluctuated slightly in some

    areas. Some market players expressed, there was not room for price reducing continuously. Most

    export players maintained the orders with original customers. In addition, special players in E.China

    still published higher prices, with limited business. In a word, market players had no better

    expectation on the coming market development and they hope the export prices may stay at current

    level in the future.

    EXPORT CAUSTIC SODA NOMINATIONS IN JANUARY

    Main Harbor Class Low range

    USD/MT

    Top range

    USD/MT Sources from

    Tianjin

    99% FOB 340 370 Tianjin, Xinjiang Shandong

    96% FOB - - Inner Mongolia Tianjin

    48%-50% FOB 280 290 Tianjin

    Shanghai 99% FOB 340 360

    Anhui, Shanghai, Xinjiang, Inner

    Mongolia

    48%-50% FOB - - Shanghai

    Frontier

    Trade

    Northwest 99% DAF 250 260 Xinjiang

    Southwest 96% DAF - - Sichuan Xinjiang

    99% DAF - - Sichuan Xinjiang

    East 48%-50% FOB 280 290 Jiangsu

    Northeast 48%-50% FOB 260 275 Liaoning

    Shandong 48%-50% FOB - - Shandong

    Shandong 98.5% FOB 360 380 Shandong,

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    CHINA LIQUID CAUSTIC SODA EXPORT IN DECEMBER 2014

    To Volume Average prices

    Tons USD/MT

    Hong Kong 405 192

    Taiwan 6145 295

    Indonesia 3501 290

    USA 11660 291

    Australia 29015 295

    Canada 7708 290

    Philippines 5638 290

    Other 9763

    Total 73,835

    All data sourced from CIQ

    Note: * Marked information seems to be deviant

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Note: Average prices of Export Liquid caustic soda are calculated from General Trade.

    CHINA SOLID CAUSTIC SODA EXPORTS

    Region Country

    2014-December Jan- Dec

    2014

    Volume Average

    Volume prices

    Tons USD/MT Tons

    America

    Argentina 50 395 1500

    Antilles 103

    Barbados 72

    Belize 0

    Bolivia 75

    Brazil 1493 348 13708

    Canada 233 452 2147

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Chile 751 352 8017

    Colombia 791 350 6649

    Costarica 27 365 179

    Cuba 262 855 3562

    Dominican Republic 51 369 2076

    Ecuador 204 370 4414

    El Salvador 176

    Guatemala 122 467 572

    Guyana 75

    Haiti 96 433 534

    Honduras 20 360 335

    Jamaica 76 388 1010

    Mexico 121 383 3806

    Nicaragua 26 388 102

    Panama 96 429 196

    Paraguay 535

    Peru 504 368 9883

    Puerto Rico 0

    Saint Lucia 996 477 996

    Trinidad and Tobago 221

    United States 15337

    Uruguay 54 380 373

    Venezuela 66 482 1057

    Total 6038

    Africa

    Algeria 1164

    Angola 351 398 3854

    Benin 547 355 7875

    Botswana 0

    Burkina Faso 729

    Cameroon 1704 384 18302

    Chad 38

    Congo 462 438 2940

    Cote d'ivoire 2481 360 26339

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Democratic Republic

    of Congo 1208 377 6069

    Djibouti 340 494 5870

    Egypt 300 334 1692

    Equatorial Guinea 0

    Eritrea 107

    Ethiopia 111 434 1113

    Gabon 24 430 384

    Gambia 50 345 2081

    Ghana 931 392 17674

    Guinea 512 378 5244

    Kenya 1195 347 17076

    Liberia 27 350 400

    Libya 250 550 793

    Madagascar 401 346 4853

    Malawi 125 336 182

    Mali 150

    Mauritania 825 392 3025

    Mauritius 2274 341 4477

    Morocco 49

    Mozambique 762 350 8088

    Namibia 3072 444 29604

    Niger 198

    Nigeria 5136 378 59467

    Rwanda 0

    Senegal 1190 463 13329

    Seychelles 25 398 50

    Sierra Leone 0

    Somalia 54 342 160

    South Africa 2575 397 17022

    Sudan 571 359 8138

    Suriname 820

    Tanzania 3304 447 24072

    Togo 601 396 5849

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Tunisia 424

    Uganda 129

    Zambia 125 360 586

    Zimbabwe 26 400 1008

    Total 31557

    Europe

    Albania 24 421 201

    Belgium 0

    Bulgaria 0

    Croatia 0

    Cyprus 48

    Czech 0

    Danmark 0

    England 48 450 688

    Estonia 27

    France 99 376 239

    Georgia 75 347 1148

    Germany 96

    Greece 92 391 275

    Iceland 0

    Ireland 0

    Italy 22 322 46

    Latvia 97

    Lithuania 154 382 1121

    LA REUNION 0

    Malta 70

    Martinique 24

    Moldova 75

    Netherlands 305

    Norway 66 322 268

    Poland 50

    Portugal 66 418 342

    Rumania 0

    Russia 1019 280 32768

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Spain 1305

    Sweden 48 419 119

    Switzerland 195

    Turkey 1429 481 7443

    Ukraine 132 381 4641

    White Russia 0

    Total 3274

    Oceania

    Australia 637 394 5648

    Fiji 76

    New Zealand 639 410 4225

    New Caledonia 27

    Papua New Guinea 212 340 1030

    Solomon islands 333

    Total 1488

    Asia

    Bahrain 0

    Bangladesh 1734 466 21810

    Brunei 62

    Burma 1162

    Cambodia 583

    Hongkong 20 504 315

    India 51 346 13432

    Indonesia 4847 383 30326

    Iran 100

    Iraq 20 705 220

    Israel 46 386 520

    Japan 54 390 784

    Jordan 54

    Kazakhstan 641 286 17617

    N.Korea 833 383 4154

    Kuwait 25 360 1423

    Kyrgyzstan 905

    Lebanon 25 360 125

    Malaysia 335 385 8698

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Macau 5

    Mongolia 41 332 790

    Nepal 0

    Korea 982 377 9929

    Oman 102 399 1210

    Pakistan 258 542 733

    Philippine 1578 400 27826

    Qatar 248

    Saudi Arabia 2978

    Singapore 1076 452 12642

    Sri Lanka 202 467 5454

    Syria 1910

    Taiwan 171 492 1269

    Tajikistan 174

    Thailand 2175 372 15824

    Turkmenistan 176 270 1676

    UAE 135 496 4398

    Uzbekistan 3186 258 34348

    Vietnam 8401 394 73619

    Yemen 88 367 1832

    Total 27201

    Note: * Marked information seems to be deviant

    All data sourced from CIQ

    Downstream market

    Industry

    Production yield

    in Dec 2014

    10K DMT

    Production yield in

    Dec 2013

    10K DMT

    Growth

    yr-on-yr

    Alumina 429.4 373.1 15.1%

    Chemical Fibre 405.1 376.2 7.7%

    Synthetic detergent 120.9 105.3 14.8%

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Forecast (domestic market)

    In January, domestic caustic soda market remained watery tendency and the market prices

    went downwards in different areas. The market deals were common. Along with spring festival

    coming in Feb, some chlor alkali players cut the rate, carried out the shutdown for maintenance

    or cleared the stocks in advance. However, due to the reduction in demands, it was expected

    domestic caustic soda market would not happy in February.

    CHINESE CAUSTIC SODA PLANTS PRODUCTION NEWS

    Producer Status of Caustic Soda Plant

    Hangzhou Electrochem Would carry out the shutdown during spring

    festival holidays

    Hebei Jinhua Shut down for maintenance since 15

    th Jan for one

    month

    Jiangsu Dahe Stopped the production from 21st Jan

    Chongqing Sanyang Running with 50% rate

    Hebei Shenghua Shut down for maintenance from Jan 11th-Jan 25th

    Hubei Yihua Resume the production from Jan 14th

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Domestic market

    In August, domestic soda ash markets showed a fluctuating upward trend. In the first half of last

    month, some plants stopped form maintenance. Meanwhile, domestic market was in a think

    speculative atmosphere. In such a circumstance, price rises of about RMB20-50/t in N.China,

    C.China,, S.China and SW.China. In NE.China and NW.China, limited by transport conditions,

    goods delivery was unsmooth. Local prices were fluctuating at a stable level. In the second half of

    last month, much of domestic market was quite stable. As the Chinese New Year is coming,

    downstream buyers planed to stock up. Plus that the stock level was kept at a low level, it is likely

    to see some price increases.

    Region

    Average price

    market movement

    Forecast L-Soda

    RMB/mt

    D-Soda

    RMB/mt

    Jan four

    weeks ago

    Jan four

    weeks ago

    L D

    E.China 1415 1415 1450 1450

    As the Chinese New Year is approaching, local

    downstream buyers started to stock up, leading

    to a speculative atmosphere, with slight price

    increases. It is undeniable that downstream

    demand was quite tolerable so far. By the end

    of last month, the mainstream price for local

    light soda ash was priced at RMB1350-1380/t

    EXW, with high end prices at RMB1400/t. The

    prevailing price for dense soda ash was offered

    at around RMB 1500/t FD.

    SODA ASH

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Region

    Average price

    market movement

    Forecast L-Soda

    RMB/mt

    D-Soda

    RMB/mt

    Jan four

    weeks ago

    Jan four

    weeks ago

    L D

    S.China 1550 1525 1525 1600

    Led by limited local supply and increased prices

    for goods arrived from other regions. Local

    mainstream prices were forced to go up. By the

    end of last month, the prevailing prices for local

    light soda ash in Guangdong were offered at

    about RMB1500-1570/t EXW, and local dense

    soda ash was kept at about RMB1600-1650/t

    FD.

    N.China 1400 1390 1500 1500

    Soda ash market went steadily in N.China, with

    some tentative price increases. By the end of

    last month, the mainstream prices for light and

    dense soda ash in N.China were pegged at

    about RMB1350-1450/t and RMB1500-1550/t

    FD. Considering the stable supply and demand

    relations and stable demand from plate glass

    industry, it is predicted that local market would

    be stable one.

    NE.China 1450 1450 1525 1525

    In NE.China, local market stable one, with a

    slightly increased operating rate. However the

    chloride ammonium market stayed sluggish and

    downstream soda ash demand was limited.

    Considering the current circumstance, local

    market would be focus on ensuring stable

    sales.

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Region

    Average price

    market movement

    Forecast L-Soda

    RMB/mt

    D-Soda

    RMB/mt

    Jan four

    weeks ago

    Jan four

    weeks ago

    L D

    SW.China 1350 1350 1500 1500

    In Jan., soda ash market emerged a steadily

    fluctuating trend in SW.China, with a low

    operating rate. Due to limited local supply, local

    plants held their prices firmly. However,

    impacted by low priced goods from other

    regions, local sellers were under huge sales

    pressure. As the Chinese New Year is coming,

    local sales would be improved to some extent

    as buyers would make purchases to stock up.

    By the end of last month, the prices for light and

    dense soda ash in SW.China stood at

    RMB1300-1350/t EXW and RMB1500-1550/t

    EXW.

    C.China 1350 1340 1415 1415

    Last month, local soda ash operating rate was

    increased to some extent. Due to limited local

    supply, sales there were quite smooth. Buyers

    were reluctant to accept tentative prices offered

    by sellers, and the actual transaction values

    were quite flexible. Considering the current

    stable demand and supply relations, it is

    predicted that local market would remain stable.

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Region

    Average price

    market movement

    Forecast L-Soda

    RMB/mt

    D-Soda

    RMB/mt

    Jan four

    weeks ago

    Jan four

    weeks ago

    L D

    NW.China 1125 1150 1175 1200

    The NW.China ash market saw some small

    price increases, with actual transaction values

    maintaining at the previous level. Local overall

    operating rate was kept at a stable level. Up to

    now, in Qinghai, the mainstream prices are at

    RMB1000-1060/t EXW and RMB1160/t EXW

    for light soda ash and dense soda ash

    respectively. In Shaanxi, the prices are at

    around RMB 1250-1300/t EXW and RMB1400/t

    FD for light soda ash and dense soda ash

    respectively.

    Note: 1 L-Soda: Light soda D-Soda: Dense soda

    2 : stable, :slight increase, : slight drop, : sharp increase, : sharp drop

    Soda ash price monitoring

    LIGHT SODA ASH

    N.China E.China S.China C.China NE.China NW.China SW.China

    Jan 9 RMB/mt 1350-1450 1350-1480 1530-1570 1300-1400 1400-1500 1050-1250 1300-1400

    Jan 16 RMB/mt 1350-1450 1350-1480 1530-1570 1300-1400 1400-1500 1050-1250 1300-1400

    Jan 23 RMB/mt 1350-1450 1350-1480 1530-1570 1300-1400 1400-1500 1050-1250 1300-1400

    Jan 30 RMB/mt 1350-1450 1350-1480 1530-1570 1300-1400 1400-1500 1050-1250 1300-1400

    DENSE SODA ASH

    N.China E.China S.China C.China NE.China NW.China SW.China

    Jan 9 RMB/mt 1450-1550 1400-1500 1500-1550 1380-1450 1500-1550 1050-1350 1450-1550

    Jan 16 RMB/mt 1450-1550 1400-1500 1500-1550 1380-1450 1500-1550 1050-1300 1450-1550

    Jan 23 RMB/mt 1450-1550 1400-1500 1500-1550 1380-1450 1500-1550 1050-1300 1450-1550

    Jan 30 RMB/mt 1450-1550 1400-1500 1500-1550 1380-1450 1500-1550 1050-1300 1450-1550

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    (Average price of soda ash from 1st

    Jan, 2010 to 30th Jan, 2015)

    Export Date

    CHINESE SODA ASH EXPORTS

    To 14-Dec 14-Nov Jan-Dec 14

    Tons Tons Tons

    S. Korea 22859.24 20241.06 279844.25

    Vietnam 27350.58 17732 226690.765

    Thailand 23753.5 19032.05 197545.97

    Bangladesh 13813.28 24886.56 184015

    Philippines 9308.4 17331.1 125439.85

    Japan 5134 2202.5 60148.153

    Malaysia 2647.5 3324.5 30684.865

    Nigeria 8130.5 764 58331.75

    Indonesia 42484.5 29052.5 233699.18

    Taiwan 1613 1857.37 31237.94

    Guatemala 605 480 2019

    Korea 1475.32 3102.2 36294.068

    India 13286.55 7484.06 102888.791

    S. Africa 1086.4 1820 10576.2

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    Tanzania 609 294.8 6365.8

    Others 26796.602 26074.69 181260.071

    Total 200953.372 175679.39 1769041.653

    CHINESE SODA ASH EXPORTS

    CHINESE SODA ASH EXPORTS TO KEY REGIONS

    2014-DEC

    Volume, MT Average price, USD/MT

    S. Korea 22859.24 213

    Thailand 23753.5 215

    Indonesia 42484.5 211

    Vietnam 27350.58 220

    Japan 5134 229

    Malaysia 2647.5 219

    Korea 1475.32 223

    Nigeria 8130.5 220

    Philippines 9308.4 209

    Taiwan 1613 238

    Others 56196.832

    Total 200953.372

    CHINESE DOMESTIC PRICES

    E.China S.China N.China NE.China SW.China C.China NW.China

    January 5 RMB/mt 100-350 50-300 50-320 200-400 100-300 100-300 10-150

    January 13 RMB/mt 100-350 50-300 50-320 200-400 100-300 100-300 10-150

    January 20 RMB/mt 120-350 50-300 50-320 200-400 100-200 100-300 10-150

    January 27 RMB/mt 120-350 50-300 50-320 200-400 100-200 100-300 10-150

    Hydrochloric acid

  • ISSUE NUMBER: 079 February 2015

    Lily Wang +861064335599-637 [email protected]

    CHLORINE DOMESTIC PRICES

    E.China S.China N.China NE.China SW.China C.China NW.China

    January 5 RMB/mt 600-1000 650-900 600-1100 600-1200 400-1200 500-900 50-600

    January 13 RMB/mt 600-1000 500-900 500-800 600-1200 400-1200 500-900 50-600

    January 20 RMB/mt 500-900 500-900 500-800 600-1200 400-1200 500-900 50-600

    January 27 RMB/mt 600-900 500-900 600-900 700-1300 400-1200 500-900 50-600

    Downstream Sectors

    Products Company name Operation rate

    Epoxy chloropropane

    Sinopec Qilu Petrochemical --

    Jiangsu Yangnong 50%

    Shandong Bohui 100%

    Jiangsu Haixing 100%

    Huaxiang Chemical --

    Zhonghai Fine --

    Tianjin Chemical --

    Jiangsu Anpon --

    Dongying Hebang --

    Chlorinated methane

    Company name Operation rate

    Jiangsu Meilan 50%

    Zhejiang Juhua 50%

    Jiangsu Liwen 100%

    Chongqing Tianyuan ---

    Shandong Haihua 80%

    Shandong Jinling 100%

    Luxi Chemical 80%

    Zigong Honghe shutdown

    Subscription: Miss.Lily:[email protected] Skype: lilyccaon

    Tel: 0086-10-64384105 Fax: 0086-10-64380147

    Address: Room 701-1,B Building Fairmont Tower, No 33 Guangshun

    North Street, Chaoyang District, Beijing Post Code:100102

    CHLORINE