Price trend
On October 8th, the price of soda ash in East China increased, with the mainstream market for light soda ash at around 1,500-1,600 RMB/ton, and the price increased by 50 RMB/ton; The mainstream market for heavy soda ash was around 1,550-1,700 RMB/ton, with a price increase of 50 RMB/ton.
Analysis review
The inventory of soda ash market was high, and active shipments were the main trend. The downstream market trend was rising during holidays, and demand was stable, boosting the soda ash market. Enterprises had increased their intention to raise prices, and the soda ash market in East China was consolidating and rising.
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