SunSirs: The Soda Ash Market in East China Remained on the Sidelines on December 26th
December 27 2024 14:02:30 SunSirs (John)
Price trend
On December 26th, the price of soda ash in East China remained unchanged, 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 been reduced, the total inventory in the market has decreased, and enterprises were actively shipping. The downstream market has seen a narrow upward adjustment, and the demand for entering the market wass still acceptable. The supply and demand in the market were relatively balanced.
Market outlook
In the short term, the soda ash market in East China is operating steadily and cautiously.
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