[Soda ash]9.14 Soda ash Daily Review: Soda ash market is running weakly and stably

824
September 14, 2024, 3:04 PM

Analysis of soda ash market

Today, China's soda ash market is operating weakly and steadily. As of now, the price of light soda ash in East China is 1,450 - 1,750 yuan/ton, and the price of heavy soda ash is 1,500 - 1,750 yuan/ton; the price of light soda ash in Northwest China is 1,150 - 1,250 yuan/ton, and the price of heavy soda ash is 1,200 - 1,250 yuan/ton. Today, the maintenance equipment of the alkali plant is operating temporarily stably, due to some system reasonsRecovery time delay; Affected by the strong wait-and-see attitude downstream and falling futures prices, market transactions before the holidays were slightly tired, and the support for on-hand orders from soda ash companies weakened.overallThe market is operating in a weak position.

market outlook

The early maintenance equipment will gradually resume operation, and the market supply will increase; under the limited downstream procurement demand and the high inventory pressure of soda plants, it is expected that the soda ash market will continue to operate weakly in the short term.image.png