Price trend

On February 20th, the price of soda ash in North China remained stable, with mainstream market prices for light soda ash ranging from 1,480-1,550 RMB/ton. Compared to the price on February 10th, the price was reduced by 50 RMB/ton; The mainstream market price for heavy soda ash was around 1,500-1,600 RMB/ton, with a price reduction of 100 RMB/ton compared to the price on February 10th.

Analysis review

The utilization rate of soda ash production capacity was relatively high, the total market inventory was sufficient, enterprises actively shipped, and the downstream market was stable, resulting in limited demand for soda ash.

Market outlook

In the short term, the soda ash market in North China will remain stable and wait-and-see.

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