SunSirs: Sodium Bicarbonate Prices Was Temporarily Stable Last Week (March 16–20)

Price trend

According to the SunSirs Commodity Market Analysis System, the average market price for sodium bicarbonate—spanning from the beginning to the end of the week—stood at 1,227.5 RMB/ton, representing a 20.22% decline compared to the same period last year.

On March 19, the SunSirs sodium bicarbonate Index registered 81.47 points, remaining unchanged from the previous day. This figure represents a 65.46% decrease from the cycle's peak of 235.84 points (recorded on November 10, 2021) and a 4.25% 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 is currently undergoing a period of consolidation, with manufacturers reporting satisfactory shipment volumes. Prices in the Henan region remained on a weak trend, with ex-factory prices ranging from 1,080 to 1,200 RMB/ton; in the Shandong region, ex-factory prices range from 1,150 to 1,250 RMB/ton. As downstream buyers are largely purchasing on an "as-needed" basis, the market is expected to continue its consolidating trend in the near term. 

Upstream: Data from the SunSirs Commodity Analysis System indicates that soda ash prices also consolidated last week. The average market price stood at 1,212 RMB/ton, with downstream sectors primarily engaging in demand-driven procurement.

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.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.