Price trend
On October 13, the benchmark price of light soda ash from SunSirs was 1,186.00 RMB/ton, up 0.34% from the beginning of this month (1,182.00 RMB/ton).
On October 13, the benchmark price of heavy soda ash from SunSirs was 1,218.57 RMB/ton, down 3.48% from the beginning of this month (1,262.50 RMB/ton).
On October 13, the price of soda ash in North China was around 1,200-1,270 RMB/ton in the mainstream market for light soda ash, which was increased by 30 RMB/ton compared to the price on September 24; the price of heavy soda ash was around 1,300-1,350 RMB/ton in the mainstream market, which was reduced by 50 RMB/ton compared to the price on September 1.
Market outlook
The supply-side capacity utilization rate remained high, enterprises were under great inventory pressure, downstream companies entered the market to purchase based on their needs, and the market trading atmosphere was weak. In the short term, the soda ash market in North China will be on the sidelines.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.