The price of baking soda is weak this week (7.11-7.15)

1、 Price trend

 

Benzalkonium chloride

According to the monitoring data of business agency, the price of baking soda was consolidated and operated this week. The average market price at the beginning of the week was 2766.67 yuan / ton, and the average market price at the weekend was 2716.67 yuan / ton. The price fell by 1.81%, up 58.25% year-on-year. On July 14, the baking soda commodity index was 182.52, down 1.11 points from yesterday, down 22.61% from 235.84 points (2021-11-10), the highest point in the cycle, and up 106.77% from 88.27 points, the lowest point on December 22, 2020. (Note: the period refers to 2020-09-01 to now)

 

2、 Market analysis

 

Sodium Molybdate

According to the business news agency, the price of baking soda has been adjusted and operated, and the downstream market has been in general demand recently. At present, the price of baking soda in Henan is about 2550-3000 yuan / ton. Raw materials: according to the monitoring data of the business agency, the price of soda ash this week consolidated the operating market. The mainstream market price of light soda ash in East China is about 2850-3000 yuan / ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2850-3000 yuan / ton.

 

Demand: downstream, medicine, textile and food have general demand for baking soda. In terms of raw materials, according to the monitoring data of the business society, the price of soda ash was consolidated and operated this week. The average market price of light soda ash was 2910 yuan / ton at the beginning of the week and 2890 yuan / ton at the end of the week. The price fell by 0.69%, up 51.59% over the same period last year. In the downstream, the demand for baking soda in medicine, textiles and food is generally in the near future. In a comprehensive view, the price of baking soda is short-term or weak, depending on the downstream market demand.

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