SunSirs: The Soda Ash Market in East China Operated Smoothly on November 11th
November 12 2024 10:36:14 SunSirs (John)
Price trend
On November 11th, the price of soda ash in East China remained stable, with the mainstream market for light soda ash at around 1,420-1,600 RMB/ton. Compared to the price on October 21st, 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 October 21st.
Analysis review
The stock of soda ash in the market was sufficient, and manufacturers maintained active shipments. Downstream companies followed up on demand, and the purchase of soda ash is limited.
Market outlook
In the short term, the soda ash market in East China is operating steadily on a basis of wait-and-see.
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