SunSirs: The Price of Soda Ash in North China Remained stable on December 11th
December 12 2024 13:58:23 SunSirs (John)
Price trend
On December 11th, the price of soda ash in North China remained stable, with mainstream market prices for light soda ash ranging from 1,600-1,630 RMB/ton, compared to the price on November 4th, the price was lowered by 70 RMB/ton; The mainstream market price for heavy soda ash was around 1,600-1,700 RMB/ton, with a price reduction of 50 RMB/ton compared to the price on December 9th.
Analysis review
The utilization rate of soda ash production capacity had fluctuated slightly, the total inventory in the market had increased, and enterprises were actively shipping. However, downstream market conditions had declined, and entry into the market being followed up as needed, resulting in a poor mentality among industry players.
Market outlook
In the short term, the soda ash market in North China is operating steadily and cautiously.
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