Weaker demand hits China soda ash prices and causes production cuts and sales declines elsewhere

By Michael Greenfield, Michael Greenfield
Published: Friday, 22 May 2020

Chinese soda ash prices have hit a five-year low while Solvay and Ciner Resources achieved lower quarterly sales volumes, with the latter cutting its production by 20% - all as a result of the Covid-19 pandemic.

The outbreak of the novel coronavirus triggered widespread lockdowns that have seen global demand fall significantly, resulting in soda ash stocks building up in China and glass factories hitting minimum production levels in Europe

China - like the US and European markets - is a net-exporter of soda ash...

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