SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Home > Sodium Bicarbonate News > News Detail
Sodium Bicarbonate News
SunSirs: Sodium Bicarbonate Prices Consolidate This Week (September 5-9)
September 09 2022 11:18:28SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the price of sodium bicarbonate was consolidated this week. The average market price of sodium bicarbonate at the beginning of the week was 2,400 RMB/ton, and the average price of sodium bicarbonate at the weekend was 2,412.5 RMB/ton, an increase of 0.52% and an increase of 8.83% year-on-year.

On September 8, the Sodium bicarbonate Commodity Index was 159.29, the same as previous day, down 32.46% from the cycle's highest point of 235.84 points (2021-11-10), and up 80.46% from the lowest point of 88.27 points on December 22, 2020. (Note: The cycle refers to 2020-09-01 to the present)

Analysis review

According to SunSirs, the price of sodium bicarbonate has been consolidating and running, and the downstream market had a general demand recently. The price of sodium bicarbonate in Henan is about 2,300-2,600 RMB/ton.

In terms of raw materials: According to the monitoring data of SunSirs, the price of soda ash was temporarily stable this week, and the prices were raised individually. The current mainstream market price of light soda ash in East China is about 2,600-2,800 RMB/ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2,600-2,700 RMB/ton.

In terms of demand: the downstream pharmaceuticals, textiles, and food have a general demand for sodium bicarbonate. In terms of raw materials, according to the monitoring data of SunSirs, the price of soda ash remained stable this week. The average market price of light soda ash from the beginning of the week to the weekend was 2,650 RMB/ton, an increase of 12.17% over the same period last year.

Market outlook

On the downstream side, the demand for sodium bicarbonate in medicine, textiles, and food has been general recently. In general, the price of sodium bicarbonate may consolidate in the short term, depending on the downstream market demand.

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

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products