The intensifying contradiction between market supply and demand of soda ash

Last week, the contradiction between market supply and demand of soda ash has been worsened. Influenced by the huge pressure on stock, soda ash companies have been restricting their outputs. Demand for downstream products remains weak as well as the market. For 70% of downstream manufacturers of soda ash have closed and the operating devices of soda ash can only meet a part of the demand, the Chinese soda ash market is very competitive now.

Last weekend, the main ex-factory prices of light alkali are as follows:

The main ex-factory price of heavy alkali:

Most of the downstream industries such as glass, washing, printing and dyeing, etc. of soda ash now have been greatly impacted and will not recover in a short time. However, autumn and early winter is a peak season for soda ash production, which will sharply increase the stock, then, some companies may begin their restricted production. It helps to slow down the decline of soda ash market.