Business trends

Downstream continues to benefit from the increase in raw salt transactions.

 This week, the transaction price of the domestic raw salt market was raised, mainly supported by the continued positive downstream. At present, the overhaul of well, mineral and salt enterprises in some parts of China is coming to an end, the start of equipment has increased, the output has increased, and the inventory is at a reasonable level. The downstream two alkali products are active, the new capacity is put into production continuously, and the demand for raw salt remains strong. With the gradual transition to autumn in China, the terminal purchases more edible salt, the market turnover has been continuously improved, the inventory pressure of some salt enterprises has decreased, and the ex-factory price has increased significantly. At present, sea salt enterprises mainly focus on equipment maintenance, and local autumn salt production is about to begin. Salt enterprises mainly move their inventory space, and the market supply is sufficient; The supply and demand in the lake salt area are moderate, some downstream devices are in rotation maintenance, the sales rhythm of lake salt is gentle, and the transaction price remains temporarily stable. With the favorable domestic market, Indian salt, which is imported into the salt market with a tonnage of less than 60,000 tons, rose by USD 3/ton CIF China, and the quotation for arrival in Hong Kong was USD 33-39/ton CIF China, while the domestic supply of Australian salt reached USD 43-45/ton CIF China; The negotiated price of 60,000-170,000 tons of imported salt cargo is slightly lower.