Since beginning of this year,the soda ash price continue dropped from 1600Yuan/T to 1400Yuan/T currently.As we see,Soda ash market supply increases,but sluggish demand remains and export competition promotes,the price for soda ash will continue keep down, general downtrend will be maintained for a period of time.
1,With all the spring farming activity,the demand of Ammonium Chloride increased,Therefore,a large number of Soda Ash into the market,to suppress the formation of price.
2,The market softened because of oversupply
3,The Foreign market is limited, excessive export to overseas buyer to provide a convenient conditions for selection of lower prices. In order to maintain the balance of production and sales,Soda Ash enterprises will compete to lower price,this also exert pressure on the Soda Ash market.