SunSirs: The Soda Ash Market in East China Remained Stable on December 16th
December 17 2024 16:12:09 SunSirs (John)
Price trend
On December 16th, the price of soda ash in East China remained stable, with the mainstream market for light soda ash at 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 increased, and enterprises were actively shipping. The downstream market was weak, and they were following up on demand when entering the market. The mentality of operators was cautious.
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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