1、 Price trend
According to the monitoring data of the business community, the price of baking soda has been mainly stable in the near future. From the beginning of the week to the end of the week, the average price in the domestic market is 1616.67 yuan / ton. On April 22, the commodity index of baking soda was 107.30, flat with yesterday, down 11.82% from 121.68 (2020-10-21), the highest point in the cycle, and up 21.56% from 88.27, the lowest point on December 22, 2020（ Note: the period refers to the period from September 1, 2020 to September 1, 2020
2、 Market analysis
According to the news agency, the price of sodium bicarbonate is stable for the time being, and the shipment in the downstream market is acceptable. At present, the price of sodium bicarbonate in Henan is about 1550-1700 yuan, which is the mainstream quotation in the market. The downstream demand is acceptable. It is expected that the price will be slightly consolidated in the near future. The price of baking soda in Hebei is about 1550-1650 yuan / ton, which is the mainstream price in the market, and the downstream demand is acceptable.
In terms of raw materials: according to the monitoring data of the business community, soda ash in East China has been running steadily and dynamically, and the current mainstream market price of light soda ash is about 1700-1850 yuan / ton. The main market price of light soda is about 1750-1850 yuan / ton. The main market price of light soda is about 1650-1750 yuan / ton. Overall, the short-term soda price consolidation operation.
Demand side: downstream medicine, textile and food mainly purchase sodium bicarbonate on demand, and the price of sodium bicarbonate has been consolidated recently. Analysts of business news agency believe that: in the near future, the overall situation of raw material soda ash is stable with small movements, mainly with narrow fluctuation. The price of downstream glass market rises or drives the demand for soda ash, but there is still a price game between glass market and soda ash, and the short-term situation of soda ash is still consolidation. On the whole, the price of baking soda may still maintain a small consolidation trend in the short term, and the specific situation depends on the downstream market demand.
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