Soda Ash Prices Surge in South Korea Amid Supply Constraints

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APAC Soda Ash Prices Movement Last Quarter:

Soda Ash Prices in South Korea:

Product

Category

Price

Soda Ash

Chemical

455 USD/MT

In the last quarter, the soda ash prices in South Korea reached 455 USD/MT, reflecting a strong market trend primarily influenced by restricted supply from China. The supply squeeze, caused by production limitations and export constraints in China, resulted in consistently higher prices throughout the quarter, despite a slight decrease from the previous quarter. At the same time, steady demand within the glass industry, a key consumer of soda ash, helped maintain market stability and supported the price levels. These factors combined to create a challenging yet resilient market for soda ash in South Korea during this period.


North America Soda Ash Prices Movement Last Quarter: 

Soda Ash Prices in the United States:

Product

Category

Price

Soda Ash

Chemical

340 USD/MT

In the last quarter, soda ash prices in the United States reached $340 per metric ton (USD/MT) in December, reflecting overall market stability with a slight decline toward the end of the period. The market was largely supported by strong demand from the glass sector, particularly automotive glass, which saw a significant recovery. A robust U.S. economy further helped maintain steady demand throughout most of the quarter. However, limited production output kept supply in check, preventing any major price drops despite some market fluctuations. By the end of the quarter, destocking activities by buyers contributed to a small decrease in prices, signaling a minor shift in an otherwise stable market environment.

 

Europe Soda Ash Prices Movement Last Quarter:

Soda Ash Prices in Belgium:

Product

Category

Price

Soda Ash

Chemical

420 USD/MT

In Q3 2024, the price of soda ash in the Netherlands reached $420 per metric ton (USD/MT) by September, marking a significant increase during the quarter. This rise was fueled by higher demand from key industries such as textiles, healthcare, and water treatment, which emphasized soda ash's crucial role in various applications. The growing demand further strained supply, with limitations in availability compounded by rising feedstock costs. This scenario mirrored broader trends across Europe, where demand consistently exceeded supply. Consequently, the market remained optimistic, driven by strong demand dynamics, and maintained a favorable pricing environment as the quarter ended.


How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Soda Ash Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of the Soda Ash price trend, offering key insights into the global Soda Ash market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Soda Ash demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.

Unlock Real-Time Soda Ash Prices Trend Today: https://www.imarcgroup.com/soda-ash-pricing-report


Key Features:

Key Attributes

Details

Product Name

Soda Ash

Report Features

Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Soda Ash Price Analysis, and Segment-Wise Assessment.

Currency/Units

US$ (Data can also be provided in local currency) or Metric Tons

Information Covered for Key Suppliers

·       Company Overview

·       Business Description

·       Recent Trends and Developments

Customization Scope

The report can be customized as per the requirements of the customer

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No: (D) +91 120 433 0800
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