In June, the price of Sodium Bicarbonate rose as a whole

The price of Sodium Bicarbonate went up in June. The average market price at the beginning of the last month was 1583.33 CNY / ton, and that at the end of the last month was 1683.33 yuan / ton, up 6.32%. On June 29, the commodity index of baking soda was 111.73, up 3.77 points from June.28, down 8.18% from the highest point of 121.68 points (2020-10-21) in the cycle, and up 26.58% from the lowest point of 88.27 points on December 22, 2020（ Note: period refers to the period from September 1, 2020 to now)

Domestic Soda Ash is relatively strong, and the price of downstream glass is also strong. And the overall demand performance in the near future is acceptable, it is expected that the Soda ash market will fluctuate in a narrow range. In the downstream sector, medicine, textile and food mainly purchase baking soda on demand, and take a cautious wait-and-see attitude towards the rising Sodium Bicarbonate. Generally speaking, the price of baking soda may still maintain a narrow consolidation trend in the short term, depending on the downstream market demand.