Price trend
According to data from SunSirs' commodity market analysis system, the average market price of sodium bicarbonate was 1,190 RMB/ton, a decrease of 23.01% compared to the same period last year.
On February 24th, SunSirs' sodium bicarbonate index was 78.82 points, unchanged from the previous day. It was down 66.58% from the highest point of 235.84 (November 10, 2021) within the cycle, and up 0.86% from the lowest point of 78.15 (January 15, 2026). (Note: The cycle refers to the period from September 1, 2020 to the present.)
Market analysis
According to SunSirs' commodity analysis system, the price of sodium bicarbonate was consolidating, with enterprises experiencing moderate sales. In Henan province, the ex-factory price of sodium bicarbonate was weak, ranging from 1,080-1,200 RMB/ton, while in Shandong province it was 1,150-1,250 RMB/ton. As downstream buyers were mostly purchasing on an as-needed basis, the market is expected to remain range-bound in the near future.
Upstream: According to SunSirs' commodity analysis system, the price of soda ash was consolidating this week. The average market price was 1,182 RMB/ton, with downstream buyers mostly purchasing on an as-needed basis.
Market outlook
Analysts at SunSirs believe that the price of sodium bicarbonate has been consolidating recently. While the upstream raw material, soda ash, has also been consolidating, downstream sectors such as pharmaceuticals, textiles, and food are primarily purchasing on an as-needed basis, indicating relatively strong demand. Overall, the price of sodium bicarbonate is expected to consolidate in the near future, depending on downstream market demand.
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