The State Development Planning Commission has issued a circular, deciding to lift the controls over the price of industrial salt.
According to the circular, the price of industrial salt for making ca…
The State Development Planning Commission has issued a circular, deciding to lift the controls over the price of industrial salt. According to the circular, the price of industrial salt for making caustic soda and soda ash is to be left to negotiation between sellers and buyers. For industrial salt for other purposes, local governments will publish indicative prices, usually the median price, with a certain range of fluctuation, which should be determined based on cost and a small profit. Industrial salt supply companies may determine the prices within the framework of the indicative prices published by the government. Big consumers of industrial salt may enjoy preferential prices that should be fixed jointly by the local price departments and salt companies.