In the first half of 2024, the downstream demand of the domestic alkali market is weak, and some new production capacity on the supply side is put into production, and the new liquid alkali in Shaanxi province has a certain impact on the alkali market: the price of alkali in the first half of the year is down compared with the same period last year. In the second half of the year, 475,000 tons of new production capacity was still put into production, the contradiction between supply and demand intensified, and the price shock may be weak.
This week, the domestic soda ash market trend is weak, prices have been reduced, and the focus has shifted downward.
Customs data shows that in May, domestic soda ash imports were 75,000 tons and exports were 73,900 tons.