PODCAST: Global soda ash markets approach another potential tipping point
LONDON ICIS (ICIS)–The soda ash market is potentially at another tipping point as supply is headed for dramatic changes this year, with sizable production coming back to the market and new capacity about to deploy in Q2 after a near two-year spell of shortage.
Demand remains an unknown, however, with potential for stronger consumption from container glass, solar photovoltaic, electric vehicles and bicarbonate sectors. Demand from the from the all-important flat glass applications servicing the construction and auto industries has softened and is likely to remain slower.
ICIS editors Helen Lee for Asia, Bill Bowen for the US and Anne-Sophie Briant-Vaghela for Europe have plenty to discuss in their first global soda ash podcast, as they give a brief overview of the elements which have shaped today’s market as well as presenting what factors will weigh on fundamentals and pricing in the coming months.
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