SunSirs: The Soda Ash Market in East China Remained Stable on December 2nd
December 03 2024 13:50:24 SunSirs (John)
Price trend
On December 2nd, the price of soda ash in East China was quoted, and the mainstream market for light soda ash was around 1,450-1,600 RMB/ton; The mainstream market for heavy soda ash was around 1,500-1,650 RMB/ton, with a price reduction of 50 RMB/ton compared to the price on October 21st.
Analysis review
The utilization rate of soda ash production capacity has slightly decreased, and the total inventory in the market has decreased. Enterprises were actively shipping, and the downstream market was rising. Market entry followed on demand, and industry players were adopting a wait-and-see attitude.
Market outlook
In the short term, the soda ash market in East China will be consolidated and operated.
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