SunSirs: Market Situation of Soda Ash in Some Regions of China on October 17th

https://www.chemnet.com   Oct 18,2024 SunSirs

On October 17th, the price of soda ash in East China remained stable, with the mainstream market for light soda ash at around 1,500-1,600 RMB/ton, an increase of 50 RMB/ton compared to October 8th; The mainstream market for heavy soda ash was around 1,550-1,700 RMB/ton, with a price increase of 50 RMB/ton compared to October 8th. The inventory of soda ash market was high, and manufacturers maintained active shipments. The downstream market continued to be weak, and demand support was insufficient. The boost to the soda ash market was limited. In the short term, the soda ash market in East China is mainly stable.

On October 17th, the soda ash market in North China remained stable, with mainstream market prices for light soda ash ranging from 1,600-1,700 RMB/ton, an increase of 50 RMB/ton compared to October 9th; The mainstream market price for heavy soda ash was around 1,650-1,800 RMB/ton, which was 50 RMB/ton lower than the price on September 23rd. The inventory of the soda ash market was high, and manufacturers were mainly maintaining shipments. The downstream market continued to be weak, and demand support was insufficient. The boost to the soda ash market was limited, and the soda ash market in North China is running steadily in the short term.

On October 17th, the soda ash market in Central China remained stable and cautious, with mainstream market prices for light soda ash ranging from 1,400-1,600 RMB/ton, a decrease of 50 RMB/ton compared to October 11th; The mainstream market price for heavy soda ash was around 1, 550-1,650 RMB/ton, with a price increase of 50 RMB/ton compared to October 8th. The inventory of soda ash market was high, maintaining active shipment. The downstream market was weak, and the demand support was insufficient. In the short term, the soda ash market in central China will consolidate.

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