Shandong Panda Chemical-Calcium chloride,Soda ash

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OUR PRODUCTS

Shandong Panda Chemical Co., Ltd.

Calcium Chloride Calcium chloride is mainly white and grayish white, with flake, spherical, powder and other shapes. It is mainly used for road snow melting agent, desiccant, antifreeze, water treatment, etc.
Soda Ash Soda ash is also known as Sodium carbonate. Soda ash is divided into Soda ash light, Soda ash dense and food grade Soda ash. It is mainly used in the production of glass products, textile printing and dyeing agents, detergents, water treatment, etc.
Sodium Bicarbonate Sodium bicarbonate is also known as Baking soda. It is divided into industrial grade, feed grade and food grade. It is mainly used in detergent, chimney desulfurizer, fire extinguishing agent, food additive, etc.
Magnesium Chloride Magnesium chloride is mainly white and yellowish brown. It is processed from coastal brine and has the shape of flakes, granules and powder, mainly for fire-retardant products, road snow melting agents, food additives, etc.
Snow Melting Agent Snow melting agents include sodium chloride (salt balls and salt pellets), calcium chloride, magnesium chloride, and environmentally friendly mixed snow melting agents, which are mainly tailored to customers according to their use environment (temperature and scene).

ABOUT PANDA

Shandong Panda Chemical Co., Ltd.

Shandong Panda Chemical Co., Ltd. is an enterprise specializing in the development and production of salt chemical products. Relying on the resource advantages of Weifang, the company produces and develops marine salt chemical products. The company is willing to put customers first with high-quality and reliable product quality, and seek survival and development together with customers for a better future.

News

Domestic soda ash market price increases

Today, the domestic soda ash market price has increased by 50-150 yuan/ton. As of now, the price of light soda ash in southwest China is 1900-2000 yuan/ton, and the price of heavy soda ash is 2050-2150 yuan/ton; in central China, the price of light soda ash is 2050-2150 yuan/ton. The price is 1,900-2,100 yuan/ton, and the price of heavy soda ash is 2,000-2,200 yuan/ton; the price of soda ash is low, and alkali plants in some areas have reduced production. Due to the increase in low-price purchases in the downstream market, market procurement enthusiasm has increased, and some companies have Orders increased, manufacturers destocked inventories, and soda ash prices rose steadily today. Futures dynamics According to Boduoduo data, the opening price of the main soda ash contract SA2409 on April 22 was 2,100 yuan/ton, and finally closed at 2,150 yuan/ton, with an intraday increase of +2.28%. The highest intraday price was 2,186 yuan/ton, and the lowest was 2,085 yuan/ton. The total positions were 794,376 lots, +46,110 lots month-on-month. Today's main soda ash contract continued to rise as a whole. Supply-side maintenance has continued recently, the dynamic supply-demand relationship in the second quarter is still tight, and photovoltaic growth expectations are strong. Until the overall supply reduction and demand increase expectations in the distant month cannot be falsified, soda ash prices may remain strong. In the short term, we need to be wary of a correction in the overall macro environment and possible negative feedback from selling pressure in the midstream of the market. Forecast for the market outlook: Soda ash prices are low, downstream companies are in an increased mood to stock up, soda ash plants have more pending orders, manufacturers are destocking more, some soda plants have more orders, the supply is tight, companies have closed orders and will not quote prices for the time being, so soda ash prices are expected to rise in a narrow range.

2024/04

What industry is baking soda suitable?

1. Baking soda, also known as sodium bicarbonate, is a widely used loosening agent in the food industry. It is used in the production of pastries, pasta, desserts, bread, etc. It is a carbon dioxide generator in carbonated beverages and utilizes the principle of heating sodium bicarbonate to produce carbon dioxide gas. 2. Baking soda can react with alum to produce alkaline fermentation powder. Fermentation powder is a composite additive mainly used in the production of flour products and puffed foods. 3. Used as a detergent specifically for wool, as wool or clothing blended with other fibers is not alkali resistant, wool specific detergents need to be used. 4. Baking soda is used in steel smelting, mineral processing, tanning industry, and heat treatment of metal materials. 5. Among fire-fighting equipment, sodium bicarbonate is used to produce acid alkali extinguishing agent and foam extinguishing agent. 6. The rubber industry uses it in combination with alum and sodium bicarbonate pore forming agents to achieve uniform pore formation, which is used in rubber.

2024/04

Strong wait-and-see sentiment in the soda ash market, with low inventory!

This week, the construction of the soda ash industry started at about 88.8%, a decrease of 1.12% compared to last week. According to statistics, the production of soda ash manufacturers this week is about 139000 tons. This week, the total inventory of domestic soda ash manufacturers was 795000 tons, compared to around 800000 tons last week, a decrease of 15000 tons compared to the previous week, a decrease of 1.91%. As of now, the domestic price of light soda ash is between 1800-2000 yuan/ton, and the price of heavy soda ash is between 2000-2200 yuan/ton; This week, some companies in the soda ash market have slightly reduced production, but overall production remains high; The supply and demand in the soda ash market are basically balanced, with some manufacturers reducing their inventory in a narrow range, and some enterprises still maintaining high levels of inventory; The downstream market demand is relatively stable, and most enterprises have some orders on hand. The overall inventory pressure is not high, and the market is mainly subject to narrow adjustments. In terms of futures, the overall price of soda ash fluctuated narrowly with the market environment this week. Although there has been a slight reduction in the current supply side, the overall situation is still at a high level with narrow fluctuations, and the supply-demand relationship has not yet changed. However, there is still a phenomenon of upstream price appreciation in the future, and it is not ruled out that there will be more unexpected production reduction behaviors. The support for cost reduction is still strong, and with relatively stable spot market quotations, it is difficult to see strong driving breakthroughs in the upward and downward space of futures prices. Next week's forecast: Individual soda ash companies may undergo maintenance next week, and they will deliver orders in hand; In the near future, the market production and sales have been basically balanced, and downstream enterprises are maintaining essential procurement. The soda ash market is expected to operate steadily, and the supply and demand sides are playing a game.

2024/03

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