Strong dollar weighs on Indian soda ash list prices

By Michael Greenfield, Michael Greenfield
Published: Friday, 25 May 2018

The rupee's performance against the dollar dipped 6.4%, pushing list prices higher, although this has not yet influenced spot market prices for soda ash.

List prices have been pushed up Rs600 ($8.70) per tonne for India-origin soda ash on an ex-works basis due to the rupee devaluing against the US dollar, although this price increase has not yet carried over to the spot market.

Tata Chemicals Rs600 increase took effect on May 16,...

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