Price trend
On January 16th, the price of soda ash in East China remained stable, with the mainstream market for light soda ash at around 1,380-1,500 RMB/ton. On January 13th, the price was lowered by 20-50 RMB/ton; The mainstream market for heavy soda ash was around 1,420-1,600 RMB/ton, with a price reduction of 50-80 RMB/ton compared to the price on January 13th.
Analysis review
The utilization rate of soda ash production capacity was relatively high, the total market inventory was sufficient, enterprises actively shipped, downstream consumption of inventory was the main factor, demand support was limited, and on-site supply was strong and demand wasweak.
Market outlook
In the short term, the soda ash market in East China is operating steadily.
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