1、 Price trend

According to the monitoring data of business society, the price of baking soda is stable and dynamic. At present, the average market price of baking soda is 2526.67 yuan / ton. On April 19, the commodity index of baking soda was 167.70, unchanged from yesterday, down 28.89% from the highest point 235.84 in the cycle (2021-11-10), and up 89.99% from the lowest point 88.27 on December 22, 2020. (Note: the period refers to the period from September 1, 2020 to now)

2、 Market analysis

According to the business agency, the price of baking soda is stable and dynamic, and the demand in the downstream market is general in the near future. At present, the price of baking soda in Henan is about 2500-2700 yuan / ton. Raw materials: at present, the average market price of soda ash is 2612.5 yuan / ton, unchanged from the previous trading day, with a year-on-year increase of 49.12%. Soda ash price consolidation and operation, and appropriate purchase in the downstream. The trading atmosphere of the market is general. Affected by public health events and transportation, it is comprehensively expected that soda ash will be stable and dynamic.

Demand: in the downstream, the demand for baking soda in medicine, textile and food is general. The price of raw materials and soda ash has been adjusted and operated, and the downstream glass has warmed up a little recently. The market trading atmosphere is mild, the enterprise shipment is acceptable, and the soda ash finishing and operation market is comprehensively expected. In the downstream, the demand for baking soda in medicine, textile and food is generally in the near future. Generally speaking, the price of baking soda may maintain the consolidation operation in the short term, depending on the demand of the downstream market.