1、 Price trend

According to the monitoring data of business society, the price of baking soda is stable temporarily. At present, the average market price of baking soda is 3143.33 yuan / ton. On October 13, the commodity index of baking soda was 208.63, an increase of 2.21 points over yesterday, a record high in the cycle, and an increase of 136.35% over the lowest point of 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 society, the price of baking soda is strong, and the price continues to rise. First, due to the dual control policy, the price of raw soda increases and the supply decreases. According to the monitoring data of the business society, the average market price of soda is about 3475 yuan / ton. Second, in the downstream, the demand for baking soda in medicine, textile and food has improved recently. Generally speaking, the price of baking soda will continue to consolidate in the short term, depending on the demand of the downstream market.