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About the Follow-up Impact of Soda ash prices
So far, the soda ash manufacture in Inner Mongolia production has been stopped after the Spring Festival and there was no news of a return to work before the press release. May is coming soon, in May, several soda ash manufacture in Tianjin and Shandong will also be shut down. Several major soda ash suppliers in the market have been suspended for maintenance, and here is no clear resumption date. The soda ash market supply may be greatly affected; therefore, the soda ash prices of supply the soda ash has a considerable impact. Coupled with the current domestic glass market and non-ferrous metals market supply and strong, the amount of soda ash needed can be huge, as a result, the supply and domestic sales prices of soda ash rise.
Affected by soda production discontinuation, the downstream products such as baking soda, ammonium chloride, sodium sulfate, caustic soda and other major products will also be affected. The supply of goods will increase as well as the probability of increasing the prices. The Qingdao International Conference in June will also make it one of the influencing factors. In addition, Qingdao is the main export port in the north, and the shipping rate, shipping scale, and shipping grade will be affected to varying degrees.
