SunSirs: The Price of Soda Ash in North China Remained Stable on December 18th
December 19 2024 16:10:09 SunSirs (John)
Price trend
On December 18th, 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 has fluctuated slightly, the total inventory in the market has increased, and enterprises were actively shipping. The downstream market has slightly increased, and the demand for entering the market was average, resulting in a supply-demand game in the market.
Market outlook
In the short term, the soda ash market in North China will operate smoothly.
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