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SunSirs: The Soda Ash Market in East China Remained Stable Temporarily on August 27th

https://www.chemnet.com   Aug 28,2024 SunSirs

Price trend                               



On August 27th, the price of soda ash in East China remained stable, with the mainstream market for light soda ash at around 1,650-1,970 RMB/ton, compared to the price on August 26th, the price was lowered by 30 RMB/ton; The mainstream market for heavy soda ash was around 1,750-2,000 RMB/ton, with a price reduction of 100 RMB/ton compared to the price on August 26th.



Analysis review                      



The utilization rate of on-site production capacity was high, the market supply was sufficient, the downstream market was weak, the demand was weak, and there was insufficient support for soda ash, resulting in the accumulation of enterprise inventory.



Market outlook



In the short term, the soda ash market is running weakly and steadily.



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