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Raw salt: continuous game between supply and demand, transaction continues to improve

 Since mid April, the turnover of domestic raw salt has gradually improved. The sea salt producing areas began to produce salt in a large area, and the supply of goods increased gradually. With the announcement of the Spring Festival maintenance arrangement, the downstream construction starts at first high and then low, and the construction starts of the enterprises in production are relatively high, so the procurement demand remains active. This year, there are many rainy days in the main sea salt producing areas, the salt production is not expected to be enough, and the quotation is steadily rising. Well and mineral salt starts to rise first and then fall, and supply and demand are the main factors. With the completion of the maintenance of local salt farms, the industry started to increase to a certain extent. However, the price of coal and other raw materials continues to rise, and the cost pressure of well and mineral salt increases. At the beginning of May, salt enterprises in some provinces planned to transfer costs, resulting in increased resistance in the lower reaches and greater resistance to market price rise, which led to the start-up reduction of some salt farms. As the lake salt production period approaches, the supply is expected to increase. In the Northwest Lake Salt Market, the volume was promoted at a low level, and the purchase of the two alkalis was mostly contract mutual supply, with little change in the transaction rhythm.     

Recent domestic raw salt market factors:

Supply: sea salt began to produce salt in a large area, but the production expectation was insufficient, the salt farm stabilized the quantity according to the demand, and the market center moved up. With the increase of coal price, the cost of well and mineral salt goes up, the lower reaches purchase at a lower price, and the market game atmosphere increases.
Demand: since late April, the operation of the two alkali markets has slowed down, and the maintenance of plant equipment has increased to a certain extent. In May, the downstream spring maintenance was carried out intensively, and the raw salt procurement may be reduced to a certain extent.