Sodium Bicarbonate

Sodium bicarbonate

1、 Price Trend

    Market Overview: This week (2024.7.5-2024.7.11) the price of sodium bicarbonate fell first and then stabilized. As of July 11, 

    the average market price of sodium bicarbonate was RMB 1,614/ton, down 0.80% compared with last week.

    Industrial-grade sodium bicarbonate market price: Central China region manufacturers from 1500-1800 yuan / ton, 

    of which the Hubei region tax-inclusive acceptance ex-factory price is lower than 1500 yuan / ton, Hunan individual enterprises 

    ex-factory is higher than 1800 yuan / ton; East China region manufacturers from 1600-2100 yuan / ton. (All of the above are ex-factory prices including tax)

    Market price of food additive grade sodium bicarbonate: local market ex-factory price with tax in Henan is about 1600 yuan/ton; 

    mainstream ex-factory price with tax in the two lakes region is 1500-1800 yuan/ton; ex-factory price with tax in Tianjin market is 

    about 1800 yuan/ton; current market price of sodium bicarbonate in Shandong region is about 1600-2100 yuan/ton; besides, 

    the ex-factory price with tax in Qingdao Soda Industry is about 1800 yuan/ton due to the customized products and the mainstream products. 

    Qingdao alkali industry because of customized products and mainstream product price difference is obvious, tax-inclusive ex-factory price of 

    about 2100 yuan / ton; South China regional users, inside and outside the province to take the tax-inclusive ex-factory price of 1700-1980 yuan / ton.

2、Quotations

   This week's sodium bicarbonate work rate of 60.10%, the work rate rose slightly. Recently, the seasonal parking enterprises in Inner Mongolia 

   maintained full production, and some enterprises in the two lakes region and East China reached full production, and the supply of sodium bicarbonate in the market was sufficient.

3、Demand

  Recently, some enterprises in Tianjin, Inner Mongolia, Henan and the two lakes region have improved shipments, the user's rigid demand for 

  replenishment and stock demand, but the overall demand performance still needs to be boosted.

4, the market forecast

   From 2024.7.15 to 204.7.11, the cost side of the price of soda ash first rose and then fell, the new single transaction is poor, the price of 

   sodium bicarbonate is not enough support. And the overall demand for sodium bicarbonate after the market is not significantly favorable, 

   the user is more low price to follow up, on-demand replenishment of stocks, the transaction atmosphere is flat. From a comprehensive point of view, 

   it is expected that the market price of sodium bicarbonate in the new week or will run steadily, the mainstream market quotes 1300-2100 yuan / ton or so, 

   the specific changes still need to pay attention to the shipments of sodium bicarbonate enterprises and soda ash enterprises to start.