SunSirs: The Soda Ash Market in East China Operated Smoothly on November 19th
November 20 2024 09:56:14 SunSirs (John)
Price trend
On November 19th, 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, the price was lowered by 30 RMB/ton; The mainstream market for heavy soda ash was around 1,500-1650 RMB/ton, with a price reduction of 50 RMB/ton compared to the price on October 21st.
Analysis review
The utilization rate of soda ash production capacity had decreased, and the market supply was still sufficient. Enterprises actively shipped, and the downstream market was average. Followed up on demand when entering the market and had limited support for soda ash.
Market outlook
In the short term, the soda ash market in East China is operating steadily and cautiously.
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