SunSirs: Domestic Soda Ash Market Situation on August 21st

https://www.chemnet.com   Aug 22,2024 SunSirs

On August 21st, the quotation for soda ash in East China region: the mainstream market for light soda ash was around 1,650-2,000 RMB/ton, with a price reduction of 50 RMB/ton; The mainstream market for heavy soda ash was around 1,850-2,000 RMB/ton. The utilization rate of on-site production capacity was relatively high, the market supply was sufficient, there were expectations of cold repairs downstream, and the demand support was insufficient. The shipment of soda ash enterprises was poor, and the soda ash industry was consolidating downward.

On August 21st, the soda ash market in Central China saw a downward trend, with mainstream market prices for light soda ash ranging from 1,570-1,850 RMB/ton, a decrease of 30 RMB/ton; The mainstream market price for heavy soda ash was around 1,750-1,950 RMB/ton. The utilization rate of on-site production capacity was relatively high, the market supply was sufficient, there were expectations of cold repairs downstream, the demand support was insufficient, the shipment of soda ash enterprises was poor, and the soda ash market was weak.

On August 21st, the soda ash market in North China remained stable, with mainstream market prices for light soda ash ranging from 1,800-2,000 RMB/ton. On August 19th, the price was lowered by 50 RMB/ton; The mainstream market price for heavy soda ash was around 1,950-2,050 RMB/ton. The utilization rate of production capacity in the soda ash market was relatively high, the market supply was sufficient, and there were expectations of cold repairs downstream. The demand for soda ash was limited, and the shipment of enterprises was poor. The short-term soda ash market is weak and stable.

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