On July 27, the price of baking soda was strong

1、 Price trend

ferric sulfate (Poly ferric sulphate)

According to the monitoring data of business agency, the price of baking soda is strong, and the average market price is 1900 yuan / ton. The soda commodity index on July 26 was 125.00, which was flat with yesterday, a record high in the cycle, up 41.61 percent from the lowest point of 88.27 on December 22, 2020( Note: the cycle refers to September 1, 2020 to present)

2、 Market analysis

According to the business agency, the price of baking soda is strong and the demand of downstream market is good in the near future. At present, the price of baking soda in Henan Province is about 1850-1950 yuan, and the downstream demand is still available. It is expected that the price will be stable in the near future. The price of baking soda in Hebei Province is about 1850-1950 yuan / ton, and the downstream demand is still available. It is expected that the price will be strong in the later period.

Raw materials: according to the monitoring data of business society, according to the monitoring data of business society, the prices in East China are stable and small, and the current mainstream market price of light soda is about 1950-2050 yuan / ton. The price of soda ash in North China is stable temporarily, and the current market price of light soda is about 2000-2100 yuan / ton. The price of soda ash in Central China is stable temporarily, and the current market price of light soda is about 1900-2000 yuan / ton. Generally speaking, the high price operation of short-term soda ash is mainly.

Demand: downstream side medicine, textile, food demand for baking soda in the near future is still acceptable, the price of baking soda in the near future is strong. Analysts of business society think: domestic soda price is strong, market investment atmosphere is relatively stable, manufacturers are mainly active in shipping. The demand for baking soda in downstream medicine, textile and food has improved in the near future. In a comprehensive view, the price of baking soda is short-term or high, and the demand of downstream market is seen.

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