In the first half of the year, China's soda ash production showed a steady upward trend. The equipment utilization rate remained consistently high at 93%, while inventory levels stayed low, indicating strong demand and efficient operations. Production and sales rates were both maintained at high levels, reflecting a healthy market dynamic. Demand for soda ash continued to grow steadily, supported by strong industrial activity and infrastructure development.
Currently, the average price of domestic soda ash stands at around 1,600 yuan per ton. This price increase is primarily driven by rising demand from downstream industries. Notably, the construction sector has experienced significant growth, with increased investment in infrastructure projects playing a key role in supporting the soda ash market. The rapid economic expansion in China has created a favorable environment for the industry, leading to a consistent rise in domestic demand.
The soda ash industry remains in a strong developmental phase. With the continued momentum of China's economy and positive global economic conditions, the sector is expected to maintain its upward trajectory. Ongoing investments in construction, manufacturing, and other key sectors are likely to sustain demand, ensuring the industry's continued growth and stability in the coming months.
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