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SunSirs: The Soda Ash Market in East China Was on the Sidelines on November 13th

Time:2024-11-15

On November 13th, the price of soda ash in East China remained unchanged, and the mainstream market for light soda ash was around 1,420-1,600 RMB/ton, compared to the price on October 21st, the price was lowered by 30 RMB/ton; The mainstream market for heavy soda ash was around 1,500-1,650 RMB/ton, with a price reduction of 50 RMB/ton from October 21st.

Analysis review

The inventory of soda ash market was sufficient, and manufacturers maintained active shipments. Downstream digestion of inventory was the main focus, and market purchases were average, with limited support for soda ash.

Market outlook

In the short term, the soda ash market in East China is operating steadily on a basis of wait-and-see.

From:SunSirs