SunSirs: The Price of Soda Ash in Central China Remained Sable and Observed on August 7th

https://www.chemnet.com   Aug 08,2024 SunSirs

Price trend

On August 7th, the soda ash market in Central China remained stable and cautious, with mainstream market prices for light soda ash ranging from 1,700 to 1,850 RMB/ton, with a price drop of 50 RMB/ton compared to the price on July 29th. The mainstream market price for heavy soda ash was around 1,900-2,050 RMB/ton, with a price drop of 50 RMB/ton compared to the price on July 29th.

Analysis review

The on-site equipment maintained the previous load, the market supply was sufficient, the enterprise shipments were active, the terminal market situation was weak, downstream demand was light, and the market mentality was mainly wait-and-see.

Market outlook

In the short term, the soda ash market is mainly consolidating.

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