Soda Ash prices in both China and the United States remained stable during the week ending May x, xxxx. However, the overall market in April saw a complex trend, prices declined during the first half of the month and rebounded in the latter half due to changing supply-demand dynamics.
In China, the Soda Ash market was under pressure early in April due to high plant operating rates and weak demand from downstream industries, particularly glass manufacturing. With ample supply and cautious buying sentiment, prices fell steadily. As of May x, the mainstream price of light soda ash in China was around USD xxx/MT, reflecting stability during this week.
In the latter half of the previous month, sentiment improved following announcements of upcoming maintenance shutdowns at some soda ash plants. This sparked optimism among producers, especially as downstream buyers began restocking inventories ahead...
