This week, the domestic soda market in China overall showed a subdued and stable performance, with futures continuing the weak trend in search of a bottom.
This week, the overall performance of the domestic soda ash market was calm and stable, with limited price fluctuations. As of Thursday this week, the mainstream price range for light soda ash was 890-1570 yuan/ton, and the mainstream price range for heavy soda ash was between 900-1450 yuan/ton. Demand was weak, with downstream companies basically completing pre-holiday stocking, coupled with a decrease in logistics capacity, resulting in few new transactions and manufacturers mainly executing pending orders, showing a strong willingness to stabilize prices. This week, soda ash futures continued the weak trend of seeking a bottom, showing a trend of continued consolidation after a continuous decline.
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