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[Soda ash]4.7 Soda ash Daily Review: Soda ash market transactions are light, new orders prices are weak

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April 7, 2024, 6:05 PM

Analysis of soda ash market

Today, the price of soda ash in China is weak. As of now, the price of light soda ash in South China is 2,050 - 2,150 yuan/ton, and the price of heavy soda ash is 2,250 - 2,350 yuan/ton; the price of light soda ash in North China is 1,950 - 2,050 yuan/ton, and the price of heavy soda ash is 2,100 - 2,200 yuan/ton; As soda factories successively deliver orders in hand and the follow-up of new orders is poor, supply and demand in the soda ash market are gradually unbalanced. The prices of new orders of some companies have been adjusted within a narrow range, and the soda ash market is weak and stable.

 

market outlook

In the short term, some soda ash manufacturers have maintained reduced production, and the overall enterprise has started at a high level, and the market supply is relatively sufficient; however, affected by downstream market demand, there is pressure on the transaction of new soda ash orders. The supply and demand in the soda ash market are gradually unbalanced. The price of new soda ash orders is under great pressure. Soda ash prices are weak and volatile.