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[Soda ash]10.12 Soda ash Daily Review: Soda ash market stabilizes

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October 12, 2024, 3:16 PM

Analysis of soda ash market

Today, the soda ash market in China is temporarily stable. As of now, the price of light soda ash in East China is 1,500 - 1,600 yuan/ton, and the price of heavy soda ash is 1,550 - 1,650 yuan/ton; the price of light soda ash in Southwest China is 1,700 - 1,800 yuan/ton, and the price of heavy soda ash is 1,700 - 1,800 yuan/ton. The start of the soda plant is relatively stable, and the market supply remains at a high level; the downstream wait-and-see mood is heavy, and the main reason is that the soda ash market atmosphere has weakened recently, the receipt of new orders has been slightly weak, and the orders to be received by manufacturers are gradually consumed.

market outlook

Soda ash companies 'equipment operation is stable and small, with start-up fluctuations in a narrow range; downstream purchasing sentiment is cautious, and most of the needs continue; market driving factors are temporarily insufficient, and soda ash market prices are expected to stabilize and fluctuate in the short term.image.png