SunSirs: The Soda Ash Market in East China Was Weaker on October 18th

https://www.chemnet.com   Oct 21,2024 SunSirs

Price trend

On October 18th, the quotation for soda ash in East China was lowered, and the mainstream market for light soda ash was around 1,450-1,600 RMB/ton, with a price reduction of 50 RMB/ton; 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 the price on October 8th.

Analysis review

The inventory of soda ash market was high, manufacturers maintained active shipment, downstream orders were not high, demand support was limited, the mentality of soda ash market was poor, and the soda ash market in East China was running weakly.

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