1、 Price trend

According to monitoring data from Shengyi Society, the price of baking soda has been consolidating this month. The average market price at the beginning of the month was 1240 yuan/ton, and the average market price at the end of the month was around 1237.5 yuan/ton, a decrease of 0.2% and a year-on-year decrease of 4.1%. On April 29th, the Business Society Baking Soda Index was 81.97, unchanged from yesterday, a decrease of 65.24% from the highest point of 235.84 points during the cycle (November 10, 2021), and an increase of 4.89% from the lowest point of 78.15 points on January 15, 2026. (Note: Cycle refers to September 1, 2020 to present)
2、 Market analysis
According to the commodity analysis system of Shengyi Society, the baking soda market is running steadily, and the company’s shipments are still acceptable. The price of baking soda in Henan region is operating steadily, with a factory price of 1100-1200 yuan/ton in Henan region and 1150-1250 yuan/ton in Shandong region. Due to downstream demand based procurement, it is expected that consolidation and operation will be the main focus in the later stage. Raw materials: According to monitoring data from Business Society, the price of soda ash increased in April. The average market price of light soda ash at the beginning of the month was 1212 yuan/ton, and the average market price at the end of the month was around 1222 yuan/ton, with a price increase of 0.83% and a decrease of 13.21% compared to the same period last year.
According to analysts from Business Society, the price of baking soda has been consolidating recently. The upstream raw material soda ash has been consolidating overall in April, while downstream industries such as pharmaceuticals, textiles, and food have been purchasing on demand recently. The demand enthusiasm is average, and there is a supply-demand game. Overall, it is expected that baking soda prices will mainly fluctuate in the later period, depending on downstream market demand.