Price trend
On February 19th, the price of soda ash in East China remained stable, with the mainstream market for light soda ash at around 1,320-1,500 RMB/ton. Compared to the price on February 10th, the price was lowered by 30 RMB/ton; The mainstream market for heavy soda ash was around 1,400-1,500 RMB/ton, with a price reduction of 20-50 RMB/ton compared to the price on February 10th.
Analysis review
The utilization rate of soda ash production capacity was relatively high, the total market inventory is sufficient, enterprises actively ship, and the downstream market was stable, resulting in limited demand for soda ash.
Market outlook
In the short term, the soda ash market in East China will operate smoothly.
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