1、 Price trend
| Benzalkonium chloride |
According to the monitoring data of the business club, the price of baking soda rose as a whole this month. At the beginning of the month, the average market price was 2526.67 yuan / ton, and at the end of the month, the average market price was about 2750 yuan / ton. The price rose by 8.84% and 73.68% year-on-year. On May 30, the commodity index of baking soda was 181.86, unchanged from yesterday, down 22.89% from the highest point 235.84 in the cycle (2021-11-10), and up 106.03% 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
| Sodium Molybdate |
According to the business agency, the price of baking soda has been adjusted and operated, and the downstream market has been mainly purchasing on demand recently. At present, the price of baking soda in Henan is about 2700-2800 yuan / ton. According to the monitoring data of the business agency, the price of soda ash rose this month. At the beginning of the month, the average market price of light soda ash was about 2687.5 yuan / ton, and at the end of the month, the average market price was about 2850 yuan / ton, with a price increase of 6.05%, an increase of 62.86% over the same period last year. At present, the mainstream market price of light soda ash in East China is about 2850-2950 yuan / ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2800-3000 yuan / ton. In this month, the soda ash market was strong, the trading atmosphere was acceptable, the enterprise’s order receiving was acceptable, and the price was mainly supported.
Demand: downstream, the demand for baking soda from medicine, textiles and food is acceptable. Raw material soda ash is running steadily as a whole. In the downstream, medicine, textile and food demand more and more appropriate purchases of baking soda. In general, baking soda prices, with strong raw materials, may maintain a stable consolidation of the operating market in the short term, depending on the downstream market demand.
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