The year 2008 began with a very tight soda ash market. Demand remained strong for the first ten months of 2008 with producers running flat out to keep up with demand. Tight supply, together with cost pressures on raw materials and energy, resulted in producers implementing a series of unprecedented price rises.
Following the global economic crisis, the soda ash market is now very different. Today’s soda ash industry is characterised by a significant surplus capacity, both within and outside China, which is likely to stifle soda ash prices in the foreseeable future.
The Soda Ash Ten Year Outlook contains an extensive review of the current state of the market and the outlook for the next decade. It will address the following questions:
· Is the slump in sales volumes that began in late 2008 a temporary blip or will it have longer term repercussions for soda ash demand?
· What is the nature and extent of the cost drivers for soda ash, and what impact will these have on soda ash prices?
· What level of pricing can the market support and how will prices evolve over the next ten years?
· Where and when might we see new soda ash capacity being built?
· What is the outlook for ocean freight costs? How will this affect future soda ash trade tonnages and trade flows?
As well as answering these questions the report will review current projects, from confirmed developments to speculative projects. It will also assess the effect that supply and demand will have on the market balance for the years to come.
The latest edition of the Soda Ash Ten Year Outlook provides subscribers with an invaluable resource which:
· Examines the changing pattern of consumption and forecasts for long-term demand.
· Analyses the impact of changes in production and demand on operating rates, product availability and prices over the next ten years.
· Contains up-to-date industry news, objective expert opinion, detailed market data and forecasts.
Contact
For more information please contact:
email: marketing@crugroup.com
tel: +44 20 7903 2300
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