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. At present, the average price in the domestic market is 1583.33 yuan / ton. On May 25, the commodity index of sodium bicarbonate was 105.09, which was the same as yesterday. Compared with the highest point of 121.68 (2020-10-21) in the cycle, it decreased by 13.63%, and increased by 19.06% compared with the lowest point of 88.27 on December 22, 2020（ Note: period refers to the period from September 1, 2020 to now

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 Province is about 1550-1650 yuan, and the downstream demand is acceptable. It is expected that the price will be stable 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 North China has been in stable operation temporarily. The current mainstream market price of light soda ash is about 1800-1900 yuan / ton. The downstream glass mainly purchases soda ash on demand. Generally speaking, the price of short-term soda ash is mainly consolidated. Soda ash in East China is in stable operation for the time being. The current mainstream market price of light soda ash is about 1700-1850 yuan / ton, and the downstream glass mainly purchases soda ash on demand. Generally speaking, the price of short-term soda ash is mainly consolidated.

Demand side: downstream medicine, textile and food mainly purchase sodium bicarbonate on demand, and the price of sodium bicarbonate has been consolidated recently. Business analysts think: domestic soda price is mainly stable and small move. The total inventory is still large, but the uneven distribution of inventory still exists. The overall trading atmosphere of soda ash is acceptable, and the enterprises are mainly active in shipping. The rise of glass price has a favorable support for soda ash, but there is still a price game between soda ash and glass, and most of them are in a wait-and-see state for high price. In the short term, soda ash price is still in a small fluctuation. In the downstream, medicine, textile and food mainly purchase baking soda on demand. Generally speaking, the price of baking soda may still maintain a narrow consolidation trend in the short term, depending on the downstream market demand.