Price trend
On October 25th, the price of soda ash in North China remained unchanged, with the mainstream market price for light soda ash being around 1,600-1,700 RMB/ton, an increase of 50 RMB/ton compared to October 9th; The mainstream market price for heavy soda ash was around 1,650-1,800 RMB/ton, which was 50 RMB/ton lower than the price on September 23rd.
Analysis review
The inventory of soda ash market was relatively sufficient, and manufacturers maintained active shipments. The downstream market had slightly increased, and demand support had been boosted.
Market outlook
In the short term, the soda ash market in North China will be consolidated on the basis of wait-and-see.
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