Chinese soda ash price rebounds; markets remain depressed elsewhere
Published: Tuesday, 29 September 2020
The Chinese export soda ash price surged by 20% after domestic producers cut output to rebalance the local market.
Fastmarkets’ price assessment for
soda ash, synthetic, dense and light, fob China rose to
$230-240 per tonne on Thursday September 24 from $190-200 per
tonne a month earlier.
Chinese soda ash producers collectively cut production in
response to an oversupplied market, according to market
sources. During the height of...