1、 Price trend
| Chitosan oligosaccharide |
According to the monitoring data of business agency, the price of domestic sodium bicarbonate is stable. The average price of the domestic market on September 6 was 1506.67 yuan / ton, while that on September 9 was 1666.67 yuan / ton, up 10.62%. On September 8, the bicarbonate commodity index was 106.19, up 2.87 points from yesterday, a record high in the cycle, and 6.19% higher than the lowest point of 100.00 on September 06, 2020. (Note: cycle refers to September 1, 2020 to now)
2、 Market analysis
According to the business agency, the price of baking soda is strong now. At present, the price of sodium bicarbonate in Henan is strong, with the mainstream quotation of 1550-1680 yuan / ton. The price of sodium bicarbonate is rising, and the downstream demand is fair. It is expected that the price will slightly consolidate in the near future. The price of sodium bicarbonate in Hebei Province is stable, with the mainstream price of 1550-1700 yuan / ton. The price of sodium bicarbonate is temporarily stable, and the downstream is mainly purchased on demand. It is expected that the price will be stable in the near future.
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Raw materials: according to the business agency, the price rise of sodium bicarbonate is due to the price rise of soda ash upstream. The price of soda ash manufacturers rose last week. First, according to the spirit of the association meeting, the price of light soda increased by 200 yuan / ton, and that of heavy soda increased by 400 yuan / ton. The trend of domestic soda ash market is relatively strong, and the price of enterprises has increased greatly. The market atmosphere is flat, downstream demand has improved, and manufacturers are mainly active in shipping. Second, domestic soda ash inventory declined. According to statistics, the total inventory of domestic soda manufacturers was 842100 tons, down 90400 tons month on month. From the supply side, affected by natural disasters and other factors, the number of maintenance enterprises has increased recently. The domestic total operating rate is about 70%. At present, the domestic market is mainly stable, the market trend is stable, the downstream demand has been improved, manufacturers mainly discuss shipment, and some manufacturers seal orders. The following figure shows the domestic mainstream market quotation of light soda ash.
Regional price (yuan / ton)
North China 1600-17000
East China 1600-1650
Central China 1550-1650
Price trend comparison chart of light soda ash and sodium bicarbonate
Demand: in the downstream, the demand for sodium bicarbonate in medicine, textile and food is fair, while the price of sodium bicarbonate goes up. Business agency analysts believe that: the price of upstream raw material soda ash has risen, downstream demand has improved, manufacturers mainly discuss shipment, and some manufacturers are still in a stable upward trend at this stage. The price of soda ash in East China is relatively strong. The current mainstream market price of light soda ash is about 1550-1650 yuan / ton, while that of heavy soda ash is 1700-1800 yuan / ton. The market atmosphere is relatively stable, and the downstream market is mainly wait-and-see. It is expected that the price of soda ash will be stable after the price increase in the short term. The price of soda ash in Central China is relatively strong. The mainstream market price of light soda ash is about 1550-1650 yuan / ton. The market atmosphere is stable and the downstream is mainly wait-and-see. It is expected that the price of soda ash will be relatively stable after this round of increase in the short term. On the downstream side, the demand for sodium bicarbonate in medicine, textile and food is fair, and the price of sodium bicarbonate is expected to maintain a high level in the future.
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