SunSirs: The Price of Soda Ash in North China Was Weaker on January 6th
January 07 2025 10:26:29 SunSirs (John)
Price trend
On January 6th, the price of soda ash in North China was lowered, with the mainstream market price of light soda ash being around 1,530-1,600 RMB/ton, and the price being lowered by 20-30 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 been raised, the total inventory in the market has increased, enterprises were actively shipping, downstream market conditions have been lowered, demand performance has been weak, and the supply and demand game in the market has led to a weak operation of the soda ash market in North China.
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