1、 Price trend

According to the monitoring data of the business agency, the price of baking soda was temporarily stable this week, and the average market price from the beginning of the week to the end of the week was 2083.33 yuan / ton. On August 20, the commodity index of baking soda was 138.27, unchanged from yesterday, hitting a record high in the cycle, up 56.64% from the lowest point of 88.27 on December 22, 2020（ Note: period refers to 2020-09-01 to now)

2、 Market analysis

According to the business agency, the price of baking soda is strong, and the demand in the downstream market is good in the near future. At present, the price of baking soda in Henan is about 2000-2200 yuan, and the downstream demand is OK. It is expected that the price will be stable in the near future. The price of baking soda in Hebei is about 2000-2250 yuan / ton, and the downstream demand is acceptable. It is expected that the price will be strong in the later stage.

Raw materials: according to the monitoring data of business agency, the mainstream market price of light soda ash in East China is about 2100-2300 yuan / ton. The price of soda ash in North China is relatively strong, and the mainstream market price of light soda ash is about 2200-2300 yuan / ton. The price of soda ash in Central China is relatively strong, and the current mainstream market price of light soda ash is about 2100-2250 yuan / ton. Generally speaking, the short-term high price of soda ash is dominated. Data show that the overall operating rate of soda ash in the week was 77.67%, up 6% month on month. During the week, the output of soda ash was 552800 tons, an increase of 42800 tons. Generally speaking, the price of soda ash in the later stage is relatively strong, and the operation is dominated.

Demand: in the downstream, the recent demand for baking soda from medicine, textile and food is acceptable, and the price of baking soda is strong in the near future. Business analysts believe that the price of soda upstream is strong, the market trading atmosphere is good, and the manufacturers are mainly active in shipping. In the downstream, the demand for baking soda in medicine, textile and food has continued to improve recently. In general, the price of baking soda is short-term or consolidation operation, and the specific demand in the downstream market.