1、 Price trend
According to monitoring data from Shengyi Society, the price of baking soda has been consolidating this month, with an average market price of 1275 yuan/ton at the beginning of the month and around 1272 yuan/ton at the end of the month. The price has dropped by 0.24%, a year-on-year decrease of 45.27%. On June 29th, the Business Society Baking Soda Index was 84.49, unchanged from yesterday, a decrease of 64.17% from the highest point of 235.84 points during the cycle (November 10, 2021), and an increase of 0.14% from the lowest point of 84.37 points on June 19, 2025. (Note: Cycle refers to September 1, 2020 to present)
2、 Market analysis
According to the commodity analysis system of Shengyi Society, the price of baking soda is running weakly, and the company’s shipments are still acceptable. The price of baking soda in Henan region is running weakly, with a factory price of 1270 yuan/ton in Henan region and 1300-1400 yuan/ton in Shandong region. Due to downstream demand based procurement, it is expected that consolidation and operation will be the main focus in the later stage. Raw materials: According to monitoring data from Business Society, the overall price of soda ash fell in May. At the beginning of the month, the average market price of light soda ash was 1386 yuan/ton, and at the end of the month, the average market price was around 1284 yuan/ton, a decrease of 7.36% compared to the same period last year, which was 38.56%.
Business analysts believe that the price of baking soda has been weak in recent times, with the overall weak performance of upstream raw material soda ash in June. Downstream industries such as pharmaceuticals, textiles, and food have been purchasing on demand recently, with average demand enthusiasm and a supply-demand game. It is expected that baking soda prices will mainly fluctuate in the later period, depending on downstream market demand.
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