1、 Price trend

According to the monitoring data of business agency, the price of baking soda was adjusted and operated this week. The average market price was 3550 yuan / ton at the beginning of the week and 3500 yuan / ton at the weekend, with the price down 1.41%. The price of baking soda maintained the consolidation trend this week. On December 2, the commodity index of baking soda was 232.30, the same as yesterday, down 1.50% from the highest point 235.84 in the cycle (2021-11-10), and up 163.17% 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

According to the business agency, the price of baking soda has been adjusted and operated, and the demand in the downstream market is generally in the near future. At present, the price of baking soda in Henan is about 3200-3500 yuan / ton. The price of baking soda in Hebei is about 3400-3500 yuan / ton, and the downstream demand is general. It is expected that the price will be adjusted in the later stage.

Raw materials: soda ash prices are weak this week. The average market price of light soda ash at the beginning of the week was 3387.5 yuan / ton, and the average market price on Friday was about 3200 yuan / ton, down 5.54% and up 110.25% over the same period last year. The mainstream market price of light soda ash in East China is about 3200-3400 yuan / ton. The price of soda ash in North China is relatively strong, and the current market price of light soda ash is about 3300-3500 yuan / ton. On the whole, the short-term soda ash price is weak, mainly running. The manufacturer actively shipped, and the actual transaction was average. Data show that the overall operating rate of soda ash during the week was 81.91%, up 6.82% month on month. During the week, the output of soda ash was 582900 tons, an increase of 48500 tons. The unit was started and resumed within the week, and the output increased.

Demand: in the downstream, the demand for baking soda in medicine, textile and food is general in the near future, and the actual shipment is general. As for raw materials, according to the monitoring data of business society, the price of soda ash is weak, the operation market is in general, the market atmosphere is general, and the inventory of soda ash manufacturers has increased. Downstream glass is mainly purchased on demand, with strong wait-and-see mood. In the downstream, the demand for baking soda in medicine, textile and food is generally in the near future. Generally speaking, the price of baking soda will continue to adjust the operation market in the short term, depending on the demand of the downstream market.