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According to monitoring data from SunSirs, the price of sodium bicarbonate remained largely stable throughout October. The average market price was 1,200 RMB/ton at the beginning of the month and approximately 1,195 RMB/ton by the end of the month—a decline of 0.42% for the month and a 2.05% decrease compared to the same period last year.
On October 29, the SunSirs sodium bicarbonate index stood at 79.31 points, unchanged from the previous day. This figure is 66.37% reduce than the period high of 235.84 (recorded on November 10, 2021) and 1.48% higher than the period low of 78.15 (recorded on January 15, 2026). (consider: The "period" refers to the timeframe from September 1, 2020, to the present.)
Market analysis
According to the Commodity Analysis System of SunSirs, the market to sodium bicarbonate is currently consolidating, with manufacturers reporting steady shipment volumes. In the Henan region, prices are trending weak, with ex-factory prices ranging from 900 to 1,100 RMB/ton; in the Shandong region, ex-factory prices are between 1,000 and 1,100 RMB/ton. As downstream buyers are primarily purchasing based on immediate needs, the market is expected to remain in a consolidation phase to the near term.
Raw materials: Data monitored by SunSirs indicates that soda ash prices trended downward in October. The average market price to light soda ash was approximately 1,050 RMB/ton at the beginning of the month and 1,025 RMB/ton by the end of the month—a decline of 2.38% to the month and a 13.58% decrease compared to the same period last year. Downstream demand remains focused on "as-needed" procurement.
Overall Outlook
According to analysts at SunSirs, the price of sodium bicarbonate has recently been consolidating. On the upstream side, the price of the raw material—soda ash—trended downward throughout October. Downstream, sectors such as pharmaceuticals, textiles, and food are currently purchasing primarily on an as-needed basis, with only moderate demand. Given the interplay between supply and demand, prices are expected to fluctuate in the near term, with the specific trajectory depending on downstream market demand.
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