1、 Price trend

According to the monitoring data of the SunSirs, the price of Sodium Bicarbonate was temporarily stable. At present, the average price of Sodium Bicarbonate in the market was 2530 RMB/ton. On December 21, the average price of Sodium Bicarbonate in the market was 2525 RMB/ton, up 0.2% and down 4.53% year on year.

2、 Market analysis

According to the SunSirs, the price of Sodium Bicarbonate is temporarily stable, and the downstream market is in general demand recently. The current price of Sodium Bicarbonate in Henan is about 2500-2700 RMB/ton. According to the monitoring data of the business community, the price of soda ash upstream of bicarbonate this week is now about 2550-2750 RMB/ton in the mainstream market of light soda ash in East China. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2650-2750 RMB/ton.

Demand: downstream medicine, textile and food demand for Sodium Bicarbonate is average. In terms of raw materials, according to the monitoring data of the business community, the price of soda ash this week was consolidated, and the average market price was about 2648 RMB/ton. In the downstream, medicine, textile and food often purchase Sodium Bicarbonate on demand. The buyer and the seller play a game between supply and demand. From a comprehensive perspective, the Sodium Bicarbonate price or maintain a consolidated operation market, depending on the downstream market demand.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.