Solvay seeks' fair' pricing before bringing supply to the market
Published: Monday, 16 July 2018
Soda ash producers have been grappling with what they consider weak pricing while profitability has been squeezed by higher coal and energy prices. Solvay believes fair price levels are warranted to incentivize investment in new supply if the market is to avoid the type of sharp price increases seen in other mineral markets, such as lithium.
Solvay is looking for higher soda ash prices before bringing
on any further supply to relieve tightness, as it perceives
current market levels do not justify further investment in
"To avoid that soda ash as other commodities, such as
lithium, go through 50-100% price increase, fair pricing