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The price of Sodium Bicarbonate is stable temporarily

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The price of Sodium Bicarbonate is stable temporarily

The price of Sodium Bicarbonate was stable for the time being. On February 22, the average price in domestic market was 1496.67 CNY / ton. On February 21, the commodity index of baking soda was 99.34, unchanged from yesterday, down 18.36% from 121.68 (2020-10-21) at the highest point in the cycle, and up 12.54% from 88.27 at the lowest point on December 22, 2020. (Note: cycle refers to the period from September 1, 2020 to now)

 

In the downstream, the demand for Sodium Bicarbonate from medicine, textile and food is acceptable, then the price of Sodium Bicarbonate is temporarily stable.


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