Market Insights

Market Insights

Has China’s Demand Peaked and When Will India’s Surge Arrive?

The soda ash market in mainland China, about 31.6 million mt in 2023, has been a market of extremes. The country has recently seen a significant increase in capacity, record high demand growth, and a sharp drop in net exports. Concurrently, producers and end user inventories are estimated to be increasing, while soda ash prices are declining sharply.

On the other side of the APAC region, India has a similar population to mainland China of 1.4 billion. However, in terms of their respective soda ash industries, the two countries are opposed.

In this article, we present a comprehensive analysis of the soda ash industry in China and India, focusing on recent capacity expansions and demand dynamics in both regions. Utilizing historical and current data, we offer predictions on future market trends, supported by our analytical rationale. Complete the form to access the full article.

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