The baking soda market is operating steadily, and the trading atmosphere in the market is light and stable.
The Huainan Debang baking soda unit has not yet started operation, and the overall operating load of the industry is currently around 81%.
The market price of baking soda is operating at a high level, and the willingness of middle and downstream users to accept the high price of baking soda procurement is average.
The market’s wait-and-see sentiment has increased, and they often purchase as needed.
The high price consolidation of raw material soda ash still provides support for the cost of baking soda.
Currently, the mainstream shipping price evaluation in the domestic food grade baking soda market is between 2350-2500 yuan/ton, with Henan region executing 2400-2480 yuan/ton.
The short-term baking soda market may experience narrow consolidation.
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