SunSirs: The Price of Soda Ash in North China Was on a Basis of Wait-and-see on January 17th
January 20 2025 14:51:13 SunSirs (John)
Price trend
On January 17th, the price of soda ash in North China remained stable, with mainstream market prices for light soda ash ranging from 1,530-1,600 RMB/ton. Compared to the price on January 6th, the price was lowered by 20-30 RMB/ton; The mainstream market price for heavy soda ash was around 1,600-1,700 RMB/ton, with a price reduction of 50 RMB/ton compared to the price on December 9th.
Analysis review
The utilization rate of soda ash production capacity was relatively high, the total market inventory was sufficient, enterprises actively shipped, the downstream market was temporarily stable, demand support was insufficient, and there was a game of supply and demand in the market.
Market outlook
In the short term, the soda ash market in North China is operating in a wait-and-see manner.
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