Price trend
On February 11th, 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 is 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, with accumulated inventory after the holiday. The total market inventory was sufficient, and enterprises actively shipped. Downstream consumers mainly consumed inventory, resulting in limited demand for soda ash.
Market outlook
In the short term, the soda ash market in East China is operating weakly and steadily.
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