SunSirs: The Soda Ash Market in East China Remained Stable on August 23rd

https://www.chemnet.com   Aug 26,2024 SunSirs

Price trend

On August 23rd, the price of soda ash in East China remained stable, with the mainstream market for light soda ash at around 1,650-2,000 RMB/ton, Compared to the price on August 21st, the price was lowered by 50 RMB/ton; The mainstream market for heavy soda ash was around 1,850-2,000 RMB/ton.

Analysis review

The utilization rate of on-site production capacity was high, the market supply was sufficient, downstream demand was weak, and there was an expectation of cold repair. The market support was insufficient, and the shipment of soda ash enterprises was poor.

Market outlook

In the short term, the soda ash market will continue to operate weakly and steadily.

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