SunSirs: The Price of Soda Ash in Central China Remained on the Sidelines on December 20th
December 23 2024 15:20:28 SunSirs (John)
Price trend
On December 20th, the price of soda ash in Central China remained stable, with mainstream market prices for light soda ash ranging from 1380-1,550 RMB/ton; The mainstream market price for heavy soda ash was around 1,500-1,600 RMB/ton, with a price reduction of 50 RMB/ton on October 21st.
Analysis review
The utilization rate of soda ash production capacity has been reduced, the total inventory in the market has decreased, and enterprises were actively shipping. The downstream market has seen a narrow upward adjustment, and the demand for entering the market was still acceptable.
Market outlook
In the short term, the soda ash market in central China is operating in a wait-and-see manner.
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