SunSirs: Sodium Bicarbonate Prices Were Consolidating in February

Price trend

According to data monitored by SunSirs, the price of sodium bicarbonate remained stable this month. The average market price at the beginning of the month was 1,187.5 RMB/ton, and the average market price at the end of the month was around 1,190 RMB/ton, representing a price increase of 0.21% and a year-on-year decrease of 23.01%.

On February 26th, the SunSirs sodium bicarbonate index was 78.98 points, unchanged from the previous day. This represents a decrease of 66.51% from the highest point of 235.84 (November 10, 2021) within the cycle, and an increase of 1.06% 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 the 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 price is expected to remain stable in the near future.

Raw Materials: According to data monitored by SunSirs, the price of soda ash was weak in February. The average market price of light soda ash at the beginning of the month was 1,208 RMB/ton, and the average market price at the end of the month was around 1,182 RMB/ton, a decrease of 2.15%, and a decrease of 19.04% compared to the same period last year.

Market Outlook

According to analysts at SunSirs, the price of sodium bicarbonate has been weak recently. The upstream raw material, soda ash, was generally weak in February. Downstream sectors such as pharmaceuticals, textiles, and food have been purchasing mainly on an as-needed basis recently, with moderate demand. Given the supply and demand dynamics, it is expected that the price of sodium bicarbonate will mainly fluctuate in the near future, depending on the demand in the downstream market.

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