Soda Ash

Prices U.S.: $125-$155/ton, fob, 2008 contracts EUROPE: €160-€185/m.t., del, 2007 contracts ASIA: $270-$330/m.t., cfr, spot Outlook Demand in the 47-million m.t. global soda ash market is expected to grow 4%/year through 2012, says Marguerite Morrin, director/chlor-alkali and vinyls Europe for CMAI (Houston). Much of this growth will be in China, which accounted for about 32% of global demand last year, Morrin says. Demand in China is expected to rise by about 7.8%/year, she says. China’s consumption of soda ash coupled with short supply due to a...

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