Price trend
On August 7th, the soda ash market in Central China remained stable and cautious, with mainstream market prices for light soda ash ranging from 1,700 to 1,850 RMB/ton, with a price drop of 50 RMB/ton compared to the price on July 29th. The mainstream market price for heavy soda ash was around 1,900-2,050 RMB/ton, with a price drop of 50 RMB/ton compared to the price on July 29th.
Analysis review
The on-site equipment maintained the previous load, the market supply was sufficient, the enterprise shipments were active, the terminal market situation was weak, downstream demand was light, and the market mentality was mainly wait-and-see.
Market outlook
In the short term, the soda ash market is mainly consolidating.
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