Asian soda ash prices to tumble

By
Published: Monday, 27 April 2009

Domestic Chinese soda ash demand slump puts downward pressure on Asian prices

Chinese soda ash demand may fall by as much as 20-25% this year and Chinese soda ash plants are operating at a ratio of 70-80%, according to a recent analyst’s meeting with Indian soda ash giant, Tata Chemicals Ltd.

This reduced demand and lower capacity usage could trigger...

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