Price trend
On March 20th, the price of soda ash in East China remained stable, with the mainstream market for light soda ash at around 1,350-1,550 RMB/ton. Compared to the price on March 18th, it was lowered by 30 RMB/ton; The mainstream market for heavy soda ash was around 1,500-1,650 RMB/ton, with a price reduction of 50 RMB/ton compared to the price on March 13th.
Analysis review
The maintenance of some equipment on the supply side has reduced the supply of goods in the market, but the downstream market was weak, resulting in insufficient demand for soda ash and resistance to it. The market transactions were average.
Market outlook
In the short term, the soda ash market in East China is operating steadily and cautiously.
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