SunSirs: The Soda Ash Market in East China Remained Stable on December 6th
December 09 2024 15:46:42 SunSirs (John)
Price trend
On December 6th, the price of soda ash in East China was quoted, and the mainstream market for light soda ash was around 1,450-1,600 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 utilization rate of soda ash production capacity has fluctuated slightly, the total inventory in the market has decreased, and enterprises were actively shipping. The downstream market has declined, and entry into the market was being followed up according to demand. Industry players were adopting a wait-and-see attitude.
Market outlook
In the short term, the soda ash market in East China is operating in a wait-and-see manner.
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