On January 28th, the benchmark price for light soda ash, according to SunSirs, was 1,208.00 RMB/ton, a decrease of 3.36% compared to the beginning of the month (1,250.00 RMB/ton).
On January 28th, the benchmark price of heavy soda ash, according to SunSirs, was 1,202.86 RMB/ton, a decrease of 1.86% compared to the beginning of the month (1,225.71 RMB/ton).
On January 28th, the quoted prices for soda ash in North China were as follows: the mainstream market price for light soda ash was around 1,180-1,250 RMB/ton, a decrease of 30 RMB/ton compared to January 4th; the mainstream market price for heavy soda ash was around 1,220-1,300 RMB/ton. The soda ash market had high inventory levels, weak downstream demand, and transactions were mainly driven by essential needs. In the short term, the soda ash market in North China is expected to remain stable with a wait-and-see approach.
On January 28th, the soda ash prices in East China were as follows: light soda ash was mainly priced at around 1,120-1,560 RMB/ton, a decrease of 20-40 RMB/ton compared to January 4th; heavy soda ash was mainly priced at around 1,170-1,300 RMB/ton, a decrease of 30 RMB/ton compared to January 4th. The soda ash market was experiencing high inventory levels and weak downstream demand. Market participants were adopting a wait-and-see attitude, and prices are expected to remain stable in the short term in the East China region.
On January 28th, the soda ash prices in Central China were as follows: light soda ash mainstream market price was around 1,100-1,180 RMB/ton; heavy soda ash mainstream market price was around 1,180-1,300 RMB/ton. Downstream demand for soda ash was weak, but market transactions were relatively stable. Factory prices remained steady, and supply-side inventories remained high. In the short term, the soda ash market in Central China is expected to remain in a wait-and-see mode.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.