Covid-19 impacts salt demand, drop in exports fills gap of lower output

Salt demand took a big hit this season following the lockdown that was imposed in the last week of March. An expected 40 per cent drop in exports this salt season due to slowdown in industrial and economic activity over the past one year, closure of eateries the past month-and-a-half, and caustic and soda ash companies running at lower capacities are expected bring down overall demand by 20 per cent. Salt producers in India have been major eporters to China for last 5 years, which impacted on general salt pricing in Asia. Such significant decline of production in India will be more than offsetting reduction of demand due to weak economy, normalize supply-demand in Asia Pacific.

https://www.business-standard.com/article/economy-policy/covid-19-impacts-salt-demand-drop-in-exports-fills-gap-of-lower-output-120050701413_1.html