ANSAC Increases Export Prices By US$25.00/MT On All Non-Contract Sales Of Soda Ash, And On Contracted Sales When Contracts Allow
Portfolio Pulse from Benzinga Newsdesk
ANSAC has announced an increase in export prices by $25.00 per metric ton on all non-contract sales of soda ash, and on contracted sales where contracts allow.
June 10, 2024 | 1:11 pm
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POSITIVE IMPACT
Genesis Energy, L.P. (GEL) may be impacted by ANSAC's decision to increase soda ash export prices by $25.00/MT. This could potentially lead to higher revenues for GEL if they are able to pass on the increased costs to their customers.
Genesis Energy, L.P. (GEL) is involved in the production and sale of soda ash. The price increase by ANSAC could lead to higher revenues for GEL if they can pass on the increased costs to their customers. This is likely to have a positive short-term impact on GEL's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80