Soda ash buyers target contract price decreases after Covid-19 hit demand in 2020
Published: Thursday, 17 September 2020
Soda ash consumers in Europe are seeking price reductions in early-stage contract negotiations with suppliers for 2021, a result of the weaker demand sparked by the coronavirus outbreak.
The weaker demand environment coupled with relatively stable
soda ash production has led consumers to see a shift in the
supply-demand balance and are now pitching suppliers for price
decreases for 2021 deliveries.
It is no phenomenon to see sellers and buyers disagree over
the direction of soda ash...