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World Soda Ash Conference: Capacity Still Constraining Prices

8:10 AM MDT | June 23, 2010 | Lyn Tattum

Soda ash plant operating rates in China will drop to 60% If all soda ash capacity additions go ahead there by 2012 as announced, says Roger Pechey, senior analyst at Harriman Chemsult (London). Speaking at the World Soda Ash Conference 2010, currently taking place in London and co-organized by Harriman Chemsult and Chemical Week, Pechey said that "clearly 40% overcapacity in China will not happen, but the questions is: how will the market correction take place?” Chinese producers are supplying export markets at low prices, incurring effective negative...

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