Price Trends
According to the SunSirs Commodity Market Analysis System, the average market price for sodium bicarbonate ranged from 1,235 RMB/ton at the beginning of the week to the end of the week—a decline of 5.31% compared to the same period last year.
On April 23, the SunSirs sodium bicarbonate Index stood at 81.97 points, remaining unchanged from the previous day. This figure represents a 65.24% decrease from the cycle's peak of 235.84 points (recorded on November 10, 2021) and a 4.89% increase from the cycle's low of 78.15 points (recorded on January 15, 2026). (Note: The cycle period covers September 1, 2020, to the present.)
Market Analysis
According to the SunSirs Commodity Analysis System, the market for sodium bicarbonate was temporarily undergoing a period of consolidation, with manufacturers reporting satisfactory shipment volumes. Prices in the Henan region were trending weakly, with ex-factory prices ranging from 1,080 to 1,200 RMB/ton; in the Shandong region, ex-factory prices ranged from 1,150 to 1,250 RMB/ton. As downstream buyers were largely purchasing on an "as-needed" basis, the market was expected to remain primarily in a consolidation phase in the near term.
Upstream: According to the SunSirs Commodity Analysis System, soda ash prices also underwent a period of consolidation this week. The current average market price stands at 1,222 RMB/ton, with downstream sectors continuing to purchase based on immediate requirements.
Market outlook
Analysts at SunSirs observe that soda ash prices have recently been trending sideways. Similarly, prices for the upstream raw material—soda ash—have also been consolidating. However, downstream sectors—including pharmaceuticals, textiles, and food—have recently been purchasing primarily on an "as-needed" basis, indicating a reasonably active level of demand. Overall, it is projected that soda ash prices will continue to consolidate in the near term, with specific price movements ultimately dependent on demand within the downstream market.
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