SunSirs: The Price of Soda Ash in East China Increased Slightly on October 14
October 15 2019 10:17:18 SunSirs (John)The light soda ash commodity index on October 13 was 89.23, which was the same as the day before. It was down 24.29% from the highest point of 117.86 points (2017-11-21) in the cycle, up 41.30% from the lowest point of 63.15 on November 18, 2015. . (Note: Cycle refers to 2011-09-01 to date)
According to SunSirs survey data, on the 14th, the soda ash market in East China increased slightly, the average market price was about 1750.00 RMB/ton, an increase of 0.57% compared with the day before. Last week, the domestic market price of soda ash in Hebei was slightly reduced. The mainstream price of light alkali was 1450-1680 RMB/ton. The heavy base was not quoted. The actual transaction price could be further discussed. The domestic soda ash market is organized and operated, and the overall situation is relatively stable. The heavy base market is mainly consolidating, and the shipments from manufacturers are still acceptable.
The soda analyst of SunSirs believes that the overall trend of the downstream glass market is still acceptable. In the short term, the soda ash market will be operating in a narrow range, depending on the downstream market demand.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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