SunSirs: The Soda Ash Market in East China Remained Stable for the Time Being on September 3rd

https://www.chemnet.com   Sep 04,2024 SunSirs

Price trend

On September 3rd, the price of soda ash in East China remained stable, with the mainstream market for light soda ash at around 1,550-1,870 RMB/ton. On September 2nd, the price was lowered by 100 RMB/ton; The mainstream market for heavy soda ash was around 1,600-1,900 RMB/ton, with a price reduction of 100-150 RMB/ton on September 2nd.

Analysis review

The comprehensive production capacity on site was relatively high, the market supply was sufficient, and the downstream market continued to be weak. Purchasing in the market followed up on demand, and the inventory pressure of enterprises was relatively high.

Market outlook

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

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