Resumen de Supply Situation Report: Economic recovery boosts soda ash demand
[John M Andrews] noted that "nearly 50% of China's soda ash capacity comes from producers that are either fully or partially state-owned, including two of its four producers". These producers allow China to overcome the comparative advantage US soda ash producers have "with serious implications in third-country markets", he said.
Solvay, which produces soda ash as part of its Essential Chemicals business, added that soda ash "demand growth is directly linked to the dynamism of the soda ash main markets. We are seeing a slowdown in Europe, whilst an acceleration growth in others countries".
In Pakistan, the directorate general of Customs Valuation in Karachi has revised the customs value on imports of soda ash. Soda ash will now be assessed for import duties with the customs value of $265/tonne for synthetic dense soda ash, $255/tonne for synthetic light soda ash and $250/tonne for natural dense light soda ash.
