Recently, soda ash prices have shown a volatile yet slightly weaker trend, remaining firm overall. Downstream demand has been lukewarm, with negotiations possible on transactions. On the supply side, soda ash production remains high, though some companies have begun maintenance, and output is expected to decline in the future. On the demand side, downstream consumption is moderate, with weaker transactions at new price levels, and purchases are primarily need-based.

Recent Focus Points in the Soda Ash Market:

1. Soda ash transaction volumes and pending orders.
2. Impact of international conflicts on soda ash imports and exports.
3. Downstream inventory levels and operational status of facilities.
4. Maintenance schedules and production cuts for soda ash plants.
5. Inventory levels and price adjustments among soda ash producers.
6. Fluctuations in futures prices and macroeconomic drivers.

Recently, few soda ash producers have undergone maintenance, with some previously idled facilities gradually resuming operations, leading to an overall upward trend in supply. Current information indicates minimal maintenance in April, with some companies postponing shutdowns to May. According to statistics, daily soda ash production exceeds 110,000 tons, remaining at a relatively high level.

1. Gradual Increase in Operations, Some Facilities Nearing Restart

| Figure 1: Trend Chart of Domestic Soda Ash Operating Rates |
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| Source: ChemPriceHub Information |