On January 29, the quotation for soda ash in North China showed that the mainstream market price for light soda ash was around 1,180–1,250 yuan/ton, with a price reduction of 30 yuan/ton on January 4. The mainstream market price for heavy soda ash was around 1,220–1,300 yuan/ton. The soda ash market is characterized by high inventory levels and weak downstream demand. Trading in the market is primarily driven by rigid demand, and industry participants maintain a pessimistic outlook. In the short term, the soda ash market in North China is expected to operate under a wait-and-see approach.
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