1、 Price trend

The overall price of baking soda has fallen this month, with an average market price of 1217.5 yuan/ton at the beginning of the month and around 1205 yuan/ton at the end of the month, a decrease of 1.03% and a year-on-year decrease of 3.83%. On July 30th, the baking soda index was 79.98, a decrease of 0.33 points from yesterday, a decrease of 66.09% from the cycle high of 235.84 points (2021-11-10), and an increase of 2.34% from the lowest point of 78.15 points on January 15th, 2026. (Note: Cycle refers to September 1, 2020 to present)
2、 Market analysis
The product analysis system shows that baking soda is operating in a weak consolidation trend, 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, the price of soda ash decreased in July. At the beginning of the month, the average market price of light soda ash was 1130 yuan/ton, and at the end of the month, the average market price was around 1100 yuan/ton, a decrease of 2.65% and a decrease of 15.51% compared to the same period last year.
Analysts believe that the price of baking soda has been weak and 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 the price of baking soda will mainly fluctuate in the later stage, depending on downstream market demand.